Legal Research Home > New Jersey Lawyer > Corporations and Associations Not For Profit > New Jersey Corporations And Associations Not For Profit Laws Section 15:19-4. Construction of act to qualify for maximum tax exemptions.

This act shall be so construed as to enable split-interest trusts and private foundation trusts to qualify for the maximum tax exemptions available to such trusts under the provisions of the Internal Revenue Code of 1954 as amended.

L.1971, c. 337, s. 4, eff. Dec. 13, 1971.

Last modified: October 21, 2006