4310

4310. Definition. Those corporate units of The Wesleyan Church which are intrinsic to the priority mission of the Church are known as subsidiary corporations. These include the following:

(1) Districts (4100–4150). Local churches, whether incorporated or unincorporated (4000–4070), are units of the related district and subject to the authority of said district as set forth in The Discipline of The Wesleyan Church (1233:25–38; 1310:12–21; 4650–4780).

(2) educational institutions (2365–2366).

(3) Wesleyan Pension Fund Inc (4400–4425).

(4) Hephzibah Ministries is incorporated under the laws of the State of Indiana. It is administered by a board of directors elected by and amenable to the General Board (1655:19). The board of directors shall administer all matters pertaining to Hephzibah Ministries in accord with The Discipline (4570), the articles of incorporation, and bylaws of the corporation.

(5) Wesleyan Investment Foundation, Inc. The Wesleyan Investment Foundation is a not-for-profit corporation incorporated under the laws of the state of Indiana. It is governed by a board of directors of eleven members elected by the General Board (1655:19). The board of directors shall administer all matters pertaining to the Wesleyan Investment Foundation, Inc. in accord with The Discipline (4570), its articles of incorporation and bylaws, and is amenable to the General Board.

(6) Immigrant Connection, Inc. is incorporated under the laws of the state of Indiana. It is administered by a board of directors elected by and amenable to the General Board (1655:19). The board of directors shall administer all matters pertaining to Immigrant Connection, Inc. in accord with The Discipline (4570), the articles of incorporation, and bylaws of the corporation.

(7) Wesleyan Property Holdings, Inc. is incorporated under the laws of the state of Indiana. It is administered by a board of directors elected by and amenable to the General Board (1655:19). The board of directors shall administer all matters pertaining to Wesleyan Property Holdings, Inc. in accord with The Discipline (4570), the articles of incorporation, and bylaws of the corporation.

(8) Wesleyan Financial Holdings, Inc. is incorporated under the laws of the state of Indiana. It is administered by a board of directors elected by and amenable to the General Board (1655:19). The board of directors shall administer all matters pertaining to Wesleyan Financial Holdings, Inc. in accord with The Discipline (4570), the articles of incorporation, and bylaws of the corporation.

(9) Wesleyan Bible Conference Association, Inc. is incorporated under the laws of the state of Florida. It is administered by a board of directors elected by and amenable to the General Board (1655:19). The board of directors shall administer all matters pertaining to Wesleyan Bible Conference Association, Inc. in accord with The Discipline (4570), the articles of incorporation, and bylaws of the corporation.

(10) Other corporate units may be designated as subsidiary corporations by the General Conference, or a two-thirds vote of all members of the General Board.