Section 16:6-3 - Conference; powers with relation to extinct churches or religious societies

NJ Rev Stat § 16:6-3 (2019) (N/A)
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16:6-3. Conference; powers with relation to extinct churches or religious societies

The "Trustees of the New York Conference of the Free Methodist Church" may, in pursuance of a resolution by it:

a. Sell the property of any such extinct church or religious society and convey the same to the purchaser by deed in its corporate name;

b. Convert any and all securities of any such extinct church or religious society into cash; and

c. Receipt for cancellation mortgages and other evidences of indebtedness belonging to and standing open of record in the name of the extinct church or religious society.