Any person, individual or corporation holding land or goods and chattels or any interest therein in trust for any particular church or congregation, church society, congregation of the denomination wherein a Roman Catholic Church corporation is formed in accordance with the terms of this chapter, who conveys the same to the corporation as soon as possible after its formation under the terms of this chapter and any gift, devise, or bequest made to any such congregation, or to any person, individual or corporation in trust therefor, shall inure to the benefit of the corporation to be formed in such congregation (if any such corporation is so formed according to the terms of this chapter), whether the corporation is or is not accurately described in such gift, devise or bequest, provided that the intention of the donor or testator is clear that the same should inure to the benefit of the congregation.

19 Del. Laws, c. 599, § ?4; Code 1915, § ?2179; Code 1935, § ?2486; 27 Del. C. 1953, § ?118;

Terms Used In Delaware Code Title 27 Sec. 118

  • Bequest: Property gifted by will.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Donor: The person who makes a gift.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Testator: A male person who leaves a will at death.