Section 225-L. Conveyance of property  


Latest version.
  • 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.