New Jersey Statutes 17:12B-47. General powers
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Every association shall have all of the powers conferred by this act, both expressed and implied, and such others as are incidental thereto, and incidental or necessary to the operation of its business and the attainment of its purpose. Such powers shall be exercised in conformity with the provisions contained in this act.
L.1963, c. 144, s. 47.