N.Y. Religious Corporations Law § 225-L
Conveyance of property
New York · New York Religious Corporations Law · Status: effective · Effective 2014-09-22
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- N.Y. Religious Corporations Law § 225-L, Conveyance of property, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1126563
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Full text
§ 225-l. Conveyance of property. Whenever it may become necessary or
advisable to mortgage or dispose of any church property, the trustees
may mortgage or sell and convey the same by first securing the authority
of the society for such sale or mortgage and the approval of the
district superintendent of the district in which the church is located,
and obtaining leave of the supreme or county court therefor pursuant to
the provisions of this chapter; provided that in all cases the proceeds
of such sale or mortgage shall be used either for the payment of debts
or for the purchase or improvement of property for the same uses and
deeded to the same corporation; or if not so used, shall be held subject
to the order of the annual conference in whose territory such property
may be situated. Provided however that, if the deed of the property to
be sold shall convey the property to the local corporate society to be
held in trust for the use and benefit of the membership of the Free
Methodist Church of North America, it shall also be necessary for the
trustees to secure the consent of the free Methodist general conference
of North America, or in the intervals of its sessions, of such person or
persons as are authorized by said general conference to grant such
permission, in order to mortgage or sell and convey such property.