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2013 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 93: RELIGIOUS SOCIETIES
13 §3166. Trustees may hold for use of ministry and schools


ME Rev Stat § 3166 (2013 through 126th 1st Sp Sess) 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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