Statute · New York Religious Corporations Law
N.Y. Relig. Corp. Law § 5-b — Any investment of the funds of any religious corporation heretofore made by the trustees thereof shall not be deemed to have been restric...
N.Y. Relig. Corp. Law § 5-b
- Type
- Statute
- Source
- New York Religious Corporations Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 5-b. Any investment of the funds of any religious corporation heretofore made by the trustees thereof shall not be deemed to have been restricted to securities which are lawful for the investment of trust funds.
Citator
N.Y. Relig. Corp. Law § 5-b — Any investment of the funds of any religious corporation heretofore made by the trustees thereof shall not be deemed to have been restric... is in force in the current edition of the Code, and nothing recorded condemns it.
§ 5-b. Any investment of the funds of any religious corporation heretofore made by the trustees thereof shall not be deemed to have been restricted to securities which are lawful for the investment of trust funds.