N.J. Stat. § 16:13-2
Current through L. 2023, c. 320.
Such trustees shall have all the powers enumerated in section 16:1-4 of this title, except that no deed or instrument of conveyance of real estate shall be good and effectual unless it is sealed with the common seal and signed by a majority of the members of such corporation.
N.J.S. § 16:13-2