2016 Wesleyan Discipline: 4120:9: Difference between revisions
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Latest revision as of 16:06, 30 October 2022
- (9) In the event the corporation shall be dissolved, or become inactive, or whenever the board of directors (2016 Wesleyan Discipline:4120:6) shall cease to function, any and all assets of the corporation shall inure to The Wesleyan Church Corporation (2016 Wesleyan Discipline:4200), and the General Board, in the name of The Wesleyan Church Corporation, shall carry on the functions of the corporation and exercise its corporate powers and shall be authorized to institute any necessary legal or equitable actions to preserve the interests and rights of the district and of The Wesleyan Church (2016 Wesleyan Discipline:1655:35).