New Jersey Code § 15A:8-4

Trust funds for employees; creation; maintenance and administration
Open in Lexace · Ask the AI about this section
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.

‹ Prev All New Jersey sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.