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426 - Certificate of Incorporation.

NY Rel Corps L § 426 (2019) (N/A)
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§ 426. Certificate of incorporation. 1. If at the meeting for incorporation it shall be decided that such unincorporated church shall become incorporated, the presiding officer of such meeting and the two inspectors of election shall execute and acknowledge a certificate of incorporation, in which shall be stated the name or title by which such body shall be known in the law; the purpose of its organization; the names and addresses of the trustees elected thereat and the terms of office for which they were respectively elected; the county, town or city in which its principal place of worship is or is intended to be located; and a statement that the corporation shall support the doctrine and be subject to the constitution and by-laws of and be in conformity with the principles of the general council of the Assemblies of God and the New York district of the Assemblies of God as from time to time established, made and declared by the lawful authority of said general council of the Assemblies of God and New York district of the Assemblies of God.

2. On filing such certificate in the office of the county clerk of the county in which such corporate body is or is intended to be located, such church shall be a corporation by the name stated in the certificate of incorporation; but such certificate shall not be filed, unless there is affixed thereto the written permission of the New York district of the Assemblies of God to incorporate, pursuant to section four hundred twenty-two of this article.

3. The certificate of incorporation shall further contain a provision that, in the event of dissolution of the corporation, all the remaining assets and property of the corporation shall, after necessary expenses thereof, be distributed to either the New York district of the Assemblies of God, or to the general council of the Assemblies of God, their successors and assigns, and that in the event said New York district of the Assemblies of God or general council of the Assemblies of God or if their successor is not in existence at the time of dissolution, then such assets are to be distributed to such other Assemblies of God organizations as shall qualify under section 501 (c) (3) of the Internal Revenue Code of 1954, as amended, to be used in such manner as in the judgment of a justice of the supreme court shall best accomplish the general purposes for which the corporation was formed.

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426 - Certificate of Incorporation.