New Jersey Statutes

§ 16:10A-12 — Proceeds from sale or mortgage not available for current church expense

New Jersey § 16:10A-12
JurisdictionNew Jersey
Title 16CORPORATIONS AND ASSOCIATIONS, RELIGIOUS

This text of New Jersey § 16:10A-12 (Proceeds from sale or mortgage not available for current church expense) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 16:10A-12 (2026).

Text

The real estate on which a church building or parsonage of a local church of The United Methodist Church is located shall not be mortgaged or encumbered to provide for the current expense of such church, nor shall the principal of the proceeds of the sale of any such property be so used. L.1968, c. 235, s. 11, eff. July 31, 1968.

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Bluebook (online)
New Jersey § 16:10A-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/16/16%3A10A-12.