West Virginia HB4381 regulates property rights for local charities disaffiliating from national or regional conferences.

West Virginia HB4381 addresses property rights when local charities disaffiliate from national or regional conferences, denominations, or chapters. It mandates that a disaffiliating local church must not reimburse the conference or denomination for financial investments made by the local church itself for property acquisition, maintenance, or renovation. However, the church must reimburse the conference or denomination for investments made by the conference or denomination for the same purposes. The conference or denomination must provide a transparent accounting of its contributions.

West Virginia HB4381 regulates property rights for local charities disaffiliating from national or regional conferences.

West Virginia HB4381 addresses property rights when local charities disaffiliate from national or regional conferences, denominations, or chapters. It mandates that a disaffiliating local church must not reimburse the conference or denomination for financial investments made by the local church itself for property acquisition, maintenance, or renovation. However, the church must reimburse the conference or denomination for investments made by the conference or denomination for the same purposes. The conference or denomination must provide a transparent accounting of its contributions.