N.Y. Religious Corporations Law § 140: Transfer of property to Baptist corporations

§ 140. Transfer of property to Baptist corporations. Any incorporated

Baptist church, created by or existing under the laws of the state of

New York, having its principal office or place of worship in the state

of New York, or whose last place of worship was within the state of New

York, is hereby authorized and empowered, by a vote of two-thirds of its

qualified voters present and voting therefor, at a meeting regularly

called for that purpose, to transfer and convey any of its property,

real or personal, which it now has or may hereafter acquire, to any

religious, charitable or missionary corporation connected with the

Baptist denomination and incorporated by or organized under any law or

laws of the state of New York, either solely, or among other purposes,

to establish or maintain, or to assist in establishing or maintaining

churches, schools, or mission stations or to erect, or assist in the

erection of such buildings as may be necessary for any of such purposes,

and on or without the payment of any money or other consideration

therefor, and upon such transfer or conveyance being made, the title to

and the ownership and right of possession of the property so transferred

and conveyed shall be vested in and conveyed to such grantee; and also

any membership corporation incorporated by or organized under any

special or general law or laws of the state of New York, either solely,

or among other purposes, for religious, charitable, missionary or

educational objects connected with or for the aid of the Baptist

denomination or any church or churches thereof or for the erection or

maintenance of any building therefor, is hereby authorized and

empowered, by the vote of at least two-thirds of the whole number of its

directors, or by the vote of at least a majority thereof if such whole

number of directors is twenty or more, at any regularly called or

regularly held meeting of such directors, to transfer and convey any of

its property, real or personal, which it now has or may hereafter

acquire, to any incorporated Baptist church within the state of New

York, and on or without the payment of any money or other consideration

therefor, and upon such transfer or conveyance being made, the title to

and the ownership and right of possession of the property so transferred

and conveyed shall be vested in and conveyed to such grantee; provided,

however, that nothing herein contained shall impair or affect in any

way, any existing claim upon or lien against any property so transferred

or conveyed, or any action at law or legal proceeding, and subject, in

respect to the amount of property the said grantee may take and hold, to

the restrictions and limitations of existing laws.