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NEW JERSEY STATUTES AND CODES

16:1-27 - Effect of incorporation of unincorporated society on property previously held

16:1-27.  Effect of incorporation of unincorporated society on property previously held
    When real estate has been conveyed or devised to any unincorporated religious association, society, meeting, congregation or organization, or to any persons as officers, trustees or otherwise on behalf of or in the interest of such religious body, upon condition that the same shall be held in trust for  specific uses, or the rents, issues and profits be appropriated to specific  uses and purposes, and such religious body subsequently becomes incorporated,  then the title to such real estate shall vest in the incorporated association,  society, meeting, congregation or organization as effectually as if it had been  incorporated at the time of such conveyance or devise and such conveyance or  devise had been made directly to the incorporated body.  Such corporation shall  have the same right to convey such real estate as the unincorporated body or  such persons had, and any deed made by the corporation, its trustees or  officers, shall be valid and effectual.
 

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