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2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 93: RELIGIOUS SOCIETIES
13 §3166. Trustees may hold for use of ministry and schools


13 ME Rev Stat § 3166 (2012 through 125th Legis) What's This?

Part 2: CORPORATIONS WITHOUT CAPITAL

Subchapter 5: MINISTERIAL AND SCHOOL LANDS

§3166. Trustees may hold for use of ministry and schools

The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed the sum which their town is bound to raise for the same use.

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