2013 New York Consolidated Laws
RCO - Religious Corporations
Article 10 - (190 - 211) OTHER DENOMINATIONS
203 - Conveyance or incumbrance of trust property of Friends.


NY Rel Corps L § 203 (2012) What's This?
 
    §  203.  Conveyance  or incumbrance of trust property of Friends.  The
  trustee or trustees, or survivor of any trustees, of any meeting of  the
  Religious  Society  of Friends, appointed pursuant to the last preceding
  section, may sell, convey and grant, mortgage, or demise any or  all  of
  the trust property described in said trust deed or declaration of trust,
  to  any  person  absolutely  or  in trust for such meeting, whenever any
  meeting of said society by resolution  so  directs.  Any  conveyance  or
  mortgage  of  real estate or property so held in trust by any meeting of
  the Religious Society of Friends, which is hereafter made  in  pursuance
  of  a  resolution  of such meeting as provided herein, shall be as valid
  and effectual for the conveyance or mortgage of the title  of  any  real
  estate  so  held  in  trust, as if the heirs of any trustee who has died
  prior to the passage of such resolution had joined in the  execution  of
  such  conveyance,  mortgage  or  demise.  Any  instrument  for the sale,
  mortgage or demise of such property shall embody such resolution, and be
  executed and acknowledged by such  trustee  or  trustees;  and  in  such
  acknowledgment such trustee or trustees shall make an affidavit that the
  person  or persons executing such conveyance, mortgage or demise are the
  trustee or trustees of the  trust  property,  and  that  the  resolution
  embodied  in such conveyance, mortgage or demise was duly passed by such
  meeting. Such affidavit shall be  prima  facie  evidence  of  the  facts
  therein stated.

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