2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 93: RELIGIOUS SOCIETIES
13 §3168. Transfer of funds by trustees
Part 2: CORPORATIONS WITHOUT CAPITAL
Subchapter 5: MINISTERIAL AND SCHOOL LANDS
§3168. Transfer of funds by trustees
The trustees of any ministerial or school fund in this State, incorporated by the legislature of Massachusetts may, by the consent of the town for whose use the fund was established, transfer it to the municipal officers, clerk and treasurer thereof, who are made trustees of the same. The income shall be annually applied and expended as provided in section 3167.
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