This is the second part of a two-part article focused on a fragmentary parchment codex, whose three extant leaves, designated in Leo Depuydt's catalogue as P.MorganLib. 265, are housed at the Morgan Library & Museum in New York. These fragments bear witness to 1 Cor 2.12–3.18; 7.16–30; 15.3–30 in the ‘classical’ variety of Fayyūmic Coptic (dialect F5). The first part of this article was published in NTS 68 (2022) 89–104. In the second part, I discuss the witnesses to the Fayyūmic version (fa) of First Corinthians, the relationship between fa and the Bohairic version (bo), and the text-critical value of the variant readings attested in P.MorganLib. 265. This is followed by the editio princeps of the manuscript, notes on the Coptic text, an English translation and images.