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NEW JERSEY STATUTES AND CODES

15A:8-4 - Trust funds for employees;  creation;  maintenance and administration

15A:8-4.  Trust funds for employees;  creation;  maintenance and administration
    Any domestic or foreign corporation which adopts a plan described in section  15A:8-1 may establish one or more trust funds of the property contributed or  held by the corporation or any subsidiary thereof for the purposes of the plan.   The trust fund may be held and administered by the corporation adopting the  plan or by any trustee or trustees, within or without this State, appointed by  the corporation for that purpose.

     L.1983, c. 127, s. 15A:8-4, eff. Oct. 1, 1983.
 

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