State Codes and Statutes

Statutes > New-jersey > Title-16 > Section-16-15 > 16-15-6

16:15-6. Reincorporation after failure of succession; property
If any corporation created under or by virtue of the provisions of this article shall be dissolved by failure to continue the succession of its trustees, it may be revived and the church or congregation reincorporated under this article, in the manner herein prescribed, at any time within six years from the date of such dissolution. Thereupon all the real and personal property belonging to the dissolved corporation at the time of its dissolution shall vest in the new corporation.

State Codes and Statutes

Statutes > New-jersey > Title-16 > Section-16-15 > 16-15-6

16:15-6. Reincorporation after failure of succession; property
If any corporation created under or by virtue of the provisions of this article shall be dissolved by failure to continue the succession of its trustees, it may be revived and the church or congregation reincorporated under this article, in the manner herein prescribed, at any time within six years from the date of such dissolution. Thereupon all the real and personal property belonging to the dissolved corporation at the time of its dissolution shall vest in the new corporation.