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NEW JERSEY STATUTES AND CODES

42:3-18 - Validity of deed made by trustees

42:3-18.  Validity of deed made by trustees
    When any deed or conveyance of real or personal property of any expired or dissolved limited partnership association shall be made, executed and delivered  by the trustees thereof, the title of the purchaser or grantee in such deed to  the real estate or personal property conveyed thereby shall be valid and  effectual in law or equity, as fully and completely as if the same were  conveyed by the association and all of its individual partners or members  before, or by all of its individual partners or members after, the expiration  or dissolution of the association.

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