N.J. Stat. § 16:12-29: Authority to retain investments

The corporation is authorized to retain in its absolute discretion and for such period as to the said trustees shall seem advisable any and all investments and other properties which may be entrusted to it by any of the said trustees, parishes, congregations, societies, chapels or missions.

L.1944, c. 139, p. 373, s. 4.