N.Y. Religious Corporations Law § 225-l: Conveyance of property

§ 225-l. Conveyance of property. Whenever it may become necessary or

advisable to mortgage or dispose of any church property, the trustees

may mortgage or sell and convey the same by first securing the authority

of the society for such sale or mortgage and the approval of the

district superintendent of the district in which the church is located,

and obtaining leave of the supreme or county court therefor pursuant to

the provisions of this chapter; provided that in all cases the proceeds

of such sale or mortgage shall be used either for the payment of debts

or for the purchase or improvement of property for the same uses and

deeded to the same corporation; or if not so used, shall be held subject

to the order of the annual conference in whose territory such property

may be situated. Provided however that, if the deed of the property to

be sold shall convey the property to the local corporate society to be

held in trust for the use and benefit of the membership of the Free

Methodist Church of North America, it shall also be necessary for the

trustees to secure the consent of the free Methodist general conference

of North America, or in the intervals of its sessions, of such person or

persons as are authorized by said general conference to grant such

permission, in order to mortgage or sell and convey such property.