West Virginia HB4515 outlines rules for local religious organizations disaffiliating from parent denominations while retaining property.

West Virginia HB4515 establishes procedures for local religious organizations disaffiliating from parent denominations. It requires a two-thirds vote of the membership for disaffiliation. The bill defines three classes of property: Class A (real estate), Class B (chattel and personal property), and Class C (intangible property). Class A property is retained by the local organization if over 50% of acquisition and improvement costs were locally raised. Class B property ownership is determined by the purchaser.

West Virginia HB4515 outlines rules for local religious organizations disaffiliating from parent denominations while retaining property.

West Virginia HB4515 establishes procedures for local religious organizations disaffiliating from parent denominations. It requires a two-thirds vote of the membership for disaffiliation. The bill defines three classes of property: Class A (real estate), Class B (chattel and personal property), and Class C (intangible property). Class A property is retained by the local organization if over 50% of acquisition and improvement costs were locally raised. Class B property ownership is determined by the purchaser.