Public-domain · open source
OpenJurist

N.J. Stat. Ann. § 14A:8-3.1

Continuation of trust; law against perpetuities inapplicable

The period for which any trust may be created and maintained may be as longˆas may be desirable for the complete administration of any plan as originally adopted or thereafter amended, and no trust or trust fund shall be subject to orˆheld to be in violation of any principle of law, against perpetuities or restraints on alienation or perpetual accumulations of trusts.

(added) 1988,c.94,s.51.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.