16:13-9 - Division of congregations and property - New Jersey Statutes

16:13-9.  Division of congregations and property
    Where two or more Reformed congregations, which have been united into one corporation, shall disunite by renouncing or foregoing their former incorporation, and each or any of them shall incorporate under this chapter, the real and personal property that belongs to each of such congregations, separately considered, shall be and remain in the possession of the corporation  of that particular church to which such property rightfully belongs.  All real  and personal property acquired by the congregations during their union as a  body politic, shall be divided between them in such manner as shall be agreed  upon by the trustees of the corporation.