16:15-7. Reincorporation of religious associations
95 words·~1 min read·
/nj/title-16/chapter-15/16-15-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any religious association incorporated under or by virtue of any law of this state may organize under this article. Upon filing a certificate according to section 16:15-1 of this title, together with a certificate signed by the trustees of the association, consenting to such organization, all the right, title and interest of the association in any real or personal property and all its franchises and chartered rights shall be vested in the corporation so created, subject to all legal liabilities of the association, and the original incorporation of the association shall be null and void.