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Current as of January 01, 2024 | Updated by Findlaw Staff
When an incorporated religious society or any officers or trustees thereof hold real estate granted, conveyed or devised by deed, will or otherwise, appropriating the rents, issues and profits of any such real estate to specific uses and purposes, but without power to sell, convey or otherwise dispose of the same, such society, officers or trustees may sell, convey or otherwise dispose of the same in accordance with the provisions of sections 15:14-7 to 15:14-11 of the title Corporations and Associations Not for Profit.
The proceeds of any such sale shall be disposed of as provided in said sections 15:14-7 to 15:14-11.
Cite this article: FindLaw.com - New Jersey Statutes Title 16. Corporations and Associations, Religious 16 § 1-22 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-16-corporations-and-associations-religious/nj-st-sect-16-1-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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