New York Statutes

§ 430 — Ownership of property

New York·Law RCO Religious Corporations·Art. 20 Assemblies of God Churches

§ 430. Ownership of property.

1.The trustees of every such\nincorporated or reincorporated church shall have the custody and control\nof all the temporalities and property, real and personal, belonging to\nthe corporation and the revenues therefrom, and shall administer the\nsame strictly in accordance with the by-laws of the corporation and the\nrules, regulations and usages of the New York district of the Assemblies\nof God.\n 2. The certificate of incorporation or reincorporation under this\narticle shall contain the following provisions:\n (a) That in the event that any church shall make a final decision to\nsever its affiliation with the general council of the Assemblies of God,\nthe trustees shall be deemed to hold title and retain ownership of all\ncorporate property, both real

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