4350:1: Difference between revisions
From Wesleyan Discipline
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:'''<span id="4350:1">(1)</span>''' The principal purpose of an affiliate corporation shall be to augment one or more of the religious, charitable, benevolent or educational purposes of the subsidiary corporation with which it is affiliated, and pecuniary profit shall not accrue to the members of the affiliate corporation. | :'''<span id="4350:1">(1)</span>''' The principal purpose of an affiliate corporation shall be to augment one or more of the religious, charitable, benevolent, or educational purposes of the subsidiary corporation with which it is affiliated, and pecuniary profit shall not accrue to the members of the affiliate corporation. | ||
Latest revision as of 00:42, 14 November 2022
- (1) The principal purpose of an affiliate corporation shall be to augment one or more of the religious, charitable, benevolent, or educational purposes of the subsidiary corporation with which it is affiliated, and pecuniary profit shall not accrue to the members of the affiliate corporation.