2016 New Jersey Revised Statutes
Title 16 - Corporations And Associations, Religious
Section 16:6-3 - Conference; Powers With Relation To Extinct Churches Or Religious Societies
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.
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