The Secretary of State shall convey to a properly organized corporation of this State whatever title the State may have in any real property which was formerly held by or for a religious body and which has or may have escheated provided that:

1. (1) The Secretary is satisfied that the grantee corporation is the proper successor to the body previously holding equitable or legal title to the property;
2. (2) A certified copy of the recorded certificate of incorporation of the grantee corporation is provided;
3. (3) Prior notice of any such proposed conveyance is given by registered mail to the record title holders where known; and
4. (4) Notice of such proposed conveyance is published in a newspaper of general circulation in the county where the property is situated each week for 3 weeks prior to the execution of the conveyance.

All expenses of such conveyance and notices shall be paid by the grantee corporation.

Code 1852, § 1587; Code 1915, § 123; Code 1935, § 112; 42 Del. Laws, c. 57, § 1; 12 Del. C. 1953, § 1101; 49 Del. Laws, c. 51; 60 Del. Laws, c. 292, § 1; 70 Del. Laws, c. 186, § 1