4230

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4230. The Wesleyan Church Corporation shall receive and administer new trusts and funds, and so far as may be legal, shall be the legal and ecclesiastical successor in trust and carry out the functions of “The Pilgrim Holiness Church Corporation,” an Indiana corporation, “The Pilgrim Holiness Church Corporation,” a Michigan corporation, “The Wesleyan Methodist Church of America,” a New York corporation, “The Wesleyan Methodist Publishing Association of America,” a New York corporation, “The Wesleyan Educational Society,” a New York corporation, “The Missionary Society of The Wesleyan Methodist Church of America,” a New York corporation, “The Woman’s Missionary Society of The Wesleyan Methodist Church of America, Inc.,” a New York corporation, “The Missionary Bands of the World,” an Indiana corporation, “The Pentecost Bands of the World,” an Illinois corporation, and Wesleyan Native Ministries, Inc., a South Dakota corporation; and so far as is legal and as such successor in trust it shall be and is authorized and empowered to receive from its said precedent corporations all trust funds and assets of every kind and character, real, personal, or mixed, held by them or any one of them and it shall be and is authorized to administer such trusts and funds in accordance with the conditions under which they have been previously received and administered by said precedent corporations. Nothing herein contained, however, shall be construed to require the dissolution of any of the precedent corporations above listed, and they shall continue to administer such funds as may not be legally transferred to the new corporation (4210–4220).