4700:6: Difference between revisions
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:'''<span id="4700:6">(6)</span>''' When real property is donated to a Wesleyan church for ministries or in a capital or fund raising campaign, and the donor’s intent is that the property be sold and the proceeds invested accordingly, the local board of administration shall have full power to authorize the reception and disposal of the property, subject to the express written approval of each transaction by the district superintendent. | :'''<span id="4700:6">(6)</span>''' When real property is donated to a Wesleyan church for ministries or in a capital or fund-raising campaign, and the donor’s intent is that the property be sold and the proceeds invested accordingly, the local board of administration shall have full power to authorize the reception and disposal of the property, subject to the express written approval of each transaction by the district superintendent. |
Latest revision as of 02:02, 16 November 2022
- (6) When real property is donated to a Wesleyan church for ministries or in a capital or fund-raising campaign, and the donor’s intent is that the property be sold and the proceeds invested accordingly, the local board of administration shall have full power to authorize the reception and disposal of the property, subject to the express written approval of each transaction by the district superintendent.