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5 B — New York Law | CourtGPT
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  5. Article 2 - General Provisions3 - Filing and Recording Certificates of Incorporation of Religious Corporations/
  6. 5 B
New York Legal Code

5 B

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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.