Tuesday, December 19, 2023

New York AG Issues New & Updated Guidance for Religious Corporations & Their Members

Download (15)From a recent email sent by the Office of the New York State Attorney General:

The Attorney General’s Charities Bureaus is pleased to announce the publication of new and up-dated guidance for Religious Corporations and their members.

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Religious Corporations: Sales and Other Disposition of Assets – Up-dated guidance for religious corporations, including a check list of requirements for petitions to the Attorney General or the Court for approval of sales, clarification of which denominations must seek approval of the Attorney General and/or the Court, detailed guidance on preparation for a sale, explanation of statutory requirements and the role of the Attorney General, sample forms for documents required by the Attorney General and/or the Court.

Guidance for Congregants Whose Houses of Worship are or May be Offered for Sale or Lease – NEW guidance for members of religious congregations, many of whom have the right to vote on whether property of their congregations should be sold, including questions to ask to have an understanding of the procedures and time required to sell the property and the financial and other impact of the sale on the congregation.

Lloyd Mayer

https://lawprofessors.typepad.com/nonprofit/2023/12/new-york-ag-issues-new-updated-guidance-for-religious-corporations-their-members.html

Religion, State – Executive | Permalink

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