2013 New York Consolidated Laws
RCO - Religious Corporations
Article 20 - (420 - 437) ASSEMBLIES OF GOD CHURCHES
431 - Property of extinct Assemblies of God churches.


NY Rel Corps L § 431 (2012) What's This?
 
    §  431.  Property  of  extinct  Assemblies  of  God  churches.  1. All
  property, both real and personal, belonging to or held in trust for  any
  Assemblies  of God church, incorporated or reincorporated or supervisory
  under this article, that has or  shall  become  extinct,  shall  at  the
  option  of  the  New York district of the Assemblies of God, vest in and
  become the property of the New York district of the  Assemblies  of  God
  and  its  successors  and  assigns; provided that this section shall not
  affect the reversionary interests of any person or corporation  in  such
  property or any valid lien thereon.
    2.  An  Assemblies of God church, incorporated or reincorporated under
  this article,  which  fails  to  hold  regular  worship  services,  such
  services  being distinguished from committee or business meetings, for a
  period of six months, may be declared by the New York  district  of  the
  Assemblies of God to be dissolved and extinct, said New York district of
  the  Assemblies  of  God  being  the immediate supervisory body over the
  local church within this state.
    3. Whenever the New York district of the Assemblies of  God  dissolves
  or  declares  extinct  a  particular  church  under  this  section; upon
  petition by the New York district  of  the  Assemblies  of  God  to  the
  supreme or county court and upon satisfactory proof of the facts leading
  to such dissolution, the court shall have jurisdiction to grant an order
  to the effect that all property of whatever kind which may have belonged
  to  or have been held by said church shall vest in the New York district
  of the Assemblies of God in as full and ample a manner as the same shall
  theretofore have been vested in the church so declared to  be  dissolved
  and  extinct.  There shall be recorded in the office of the clerk of the
  county in  which  the  church  is  located,  a  certified  copy  of  the
  resolution  of  the New York district of the Assemblies of God declaring
  such church extinct and the court order transferring the  title  of  the
  church  property; and the recording of such a resolution and court order
  shall be proof of the vesting of title of  the  real  property  of  such
  church in the New York district of the Assemblies of God.

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