16:15-7 - Reincorporation of religious associations
16:15-7.Ā Reincorporation of religious associations
Any religious association incorporated under or by virtue of any law of thisĀ state may organize under this article.Ā Upon filing a certificate according toĀ section 16:15-1 of this title, together with a certificate signed by theĀ trustees of the association, consenting to such organization, all the right,Ā title and interest of the association in any real or personal property and allĀ its franchises and chartered rights shall be vested in the corporation soĀ created, subject to all legal liabilities of the association, and the originalĀ incorporation of the association shall be null and void.
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Any religious association incorporated under or by virtue of any law of thisĀ state may organize under this article.Ā Upon filing a certificate according toĀ section 16:15-1 of this title, together with a certificate signed by theĀ trustees of the association, consenting to such organization, all the right,Ā title and interest of the association in any real or personal property and allĀ its franchises and chartered rights shall be vested in the corporation soĀ created, subject to all legal liabilities of the association, and the originalĀ incorporation of the association shall be null and void.
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