2006 New York Code - Acquisition Of Property By Two Or More Religious Corporations For A Common Parsonage.

 
    §  10.  Acquisition  of property by two or more religious corporations
  for a common parsonage.  Two or more religious corporations may  acquire
  such  real  property as may be necessary for use as a parsonage, and the
  right, title and interest  of  each  corporation  therein  shall  be  in
  proportion  to  its  contribution  to  the  cost  of  such property. The
  trustees of each corporation shall, from time to time,  appoint  one  of
  their  number to be a trustee of such common parsonage property, to hold
  office during the pleasure of  the  appointing  trustees  or  until  his
  successor  be  appointed.  The trustees so appointed shall have the care
  and management of such property and may make such improvements thereupon
  as they deem necessary, and determine the proportion of the  expense  of
  the  maintenance  thereof  which  each corporation shall bear. If at any
  time either of such corporations acquires or desires to acquire for  its
  own  exclusive  use  as  a  parsonage  other  real  property, it may, in
  pursuance of the provisions of law, relating to the disposition of  real
  property by religious corporations, sell and convey its interest in such
  common  parsonage  property to any one or more of the other corporations
  having an interest therein.