NY Rel Corps L § 15-A (2021)
2021 New York Laws RCO - Religious Corporations Article 2 - General Provisions 15-A - Consolidation of Incorporated Presbyteries.

§  15-a.  Consolidation  of  incorporated presbyteries. 1. Two or more   incorporated  presbyteries  may  enter  into  an   agreement   for   the   consolidation  or  merger of such corporations and such corporations may   be consolidated or merged so as to form a single corporation  which  may   be either a new corporation or one of the constituent corporations. Said   agreement  shall  set  forth the name of the proposed new corporation or   the name of the existing corporation if it is to become the consolidated   or merged corporation, the method of choosing trustees, the names of the   persons to  be  the  first  trustees  of  the  new  corporation  if  the   consolidated  or  merged  corporation is to be a new corporation and the   date of the first annual corporate meeting.2. Such agreement must be authorized and approved by a  majority  vote   of  the  members  of  each  contracting presbytery taken at a meeting at   which a quorum is present duly called in accordance  with  the  form  of   government  of  the  Presbyterian Church (U.S.A.) and the notice of such   meeting shall state the purpose of the meeting.3. Before such agreement is approved as aforesaid, such  consolidation   or  merger  must  be directed and approved by the Synod of the Northeast   and the General Assembly of the Presbyterian Church (U.S.A.).4. Each presbytery shall thereafter join in a petition to the  supreme   court  for  an  order  consolidating or merging the corporation, setting   forth the agreement of the contracting presbyteries, the  direction  and   approval  of  the  bodies  as  set  forth  in  subdivision three of this   section, a statement of all the property and liabilities and the sources   of the annual income  of  each  presbytery  and  a  description  of  any   property  held  by  such presbyteries in trust for specific purposes. In   its discretion the court may direct that notice of the hearing  of  such   petition be given to the parties interested therein in such manner as it   may prescribe.5.  After  hearing all the parties interested, present and desiring to   be heard, the court may make an order for the consolidation or merger of   the presbyteries on the terms of such agreement and such other terms and   conditions  as  it  may  prescribe,  specifying  the  name  of  the  new   corporation  or  the name the continuing corporation will have if one of   the constituent corporations is to become  the  consolidated  or  merged   corporation,  the  first  trustees thereof if a new corporation is to be   created and the method by which their successors shall be chosen and the   date of the first annual corporate meeting if a new corporation is to be   created.6. When such order is made and duly entered, the persons  constituting   such  corporate  presbyteries shall become one incorporated consolidated   or merged presbytery by, and said petitioning presbyteries shall  become   consolidated  or merged under, the name designated in the order, and the   trustees therein named, if it is a new corporation, shall be  the  first   trustees  thereof,  and  if it is a new corporation the trustees thereof   shall be chosen by the method therein designated, and  all  the  estate,   rights,  powers  and  property of whatsoever nature, belonging to either   corporation shall without further  act  or  deed  be  vested  in  and/or   transferred to the new corporation as effectually as they were vested in   or  belonging  to  the  former  corporations,  and the new or continuing   corporations shall be liable for all the debts and  liabilities  of  the   former  corporations  in  the  same manner and as effectually as if said   debts or  liabilities  had  been  contracted  or  incurred  by  the  new   corporation.7. The order or a certified copy thereof shall be recorded in the book   for  recording  certificates  of  incorporation  in  each county clerk's   office in which the certificate of  incorporation  of  each  constituent   presbytery was recorded. 8.  Such  consolidated  or merged presbytery shall have all the powers   and responsibilities conferred upon presbyteries by the constitution and   form of government of the Presbyterian Church (U.S.A.).