N.J. Stat. § 14A:8-3.1
Current through L. 2024, c. 40.
The period for which any trust may be created and maintained may be as long^as 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 or^held to be in violation of any principle of law, against perpetuities or restraints on alienation or perpetual accumulations of trusts.
N.J.S. § 14A:8-3.1