2016 Wesleyan Discipline:Property, General: Trust clause and release

F. Trust Clause and Release Therefrom

4590. All property, whether real, personal or mixed, acquired by any local church, circuit, district, institution, agency or other similar body of The Wesleyan Church, whether incorporated or unincorporated, shall be held in trust for The Wesleyan Church, incorporated as The Wesleyan Church Corporation under the laws of the state of Indiana, and shall contain the trust clause as set forth in 2016 Wesleyan Discipline:4610 (cf. 2016 Wesleyan Discipline:315:6; 2016 Wesleyan Discipline:323:8). The absence of the trust clause in the evidence of the title or other written instruments, regardless of whether such absence is due to mistake, inadvertence or willful omission, shall in no way exclude a local church, circuit, district, institution, agency or similar body, whether incorporated or unincorporated, from or relieve it of its responsibility to The Wesleyan Church and subjection to the authority of said Church, and such property can only be sold, transferred or otherwise disposed of in accord with the provisions of The Discipline, concerning the sale, transfer or encumbrance of property.

(1) For property in developing districts see 2016 Wesleyan Discipline:542; 2016 Wesleyan Discipline:4650; 2016 Wesleyan Discipline:4800; 2016 Wesleyan Discipline:4920; cf. 2016 Wesleyan Discipline:4200–4260; 2016 Wesleyan Discipline:4500–4630.

(2) For property in provisional districts see 2016 Wesleyan Discipline:1025:3; 2016 Wesleyan Discipline:1030:1, 3; 2016 Wesleyan Discipline:4650; 2016 Wesleyan Discipline:4810–4820; cf. 2016 Wesleyan Discipline:4200–4260; 2016 Wesleyan Discipline:4500–4630.

(4) For district property in established districts see 2016 Wesleyan Discipline:1038:3; 2016 Wesleyan Discipline:1180:21–22; 2016 Wesleyan Discipline:1233:14–15; 2016 Wesleyan Discipline:1310:13; 2016 Wesleyan Discipline:1345; 2016 Wesleyan Discipline:1360–1365; 2016 Wesleyan Discipline:4100–4150; 2016 Wesleyan Discipline:4250–4260; 2016 Wesleyan Discipline:4500–4630; 2016 Wesleyan Discipline:4830–4880.

(5) For General Church property see 2016 Wesleyan Discipline:4200–4270; 2016 Wesleyan Discipline:4500–4630; 2016 Wesleyan Discipline:4900–4940; cf. 2016 Wesleyan Discipline:475.

(6) For property of a general educational institution see 2016 Wesleyan Discipline:4500–4630; cf. 2016 Wesleyan Discipline:2362; 2016 Wesleyan Discipline:4250–4260.

(7) For property of a subsidiary corporation, board or institution, other than a general educational institution see 2016 Wesleyan Discipline:4300–4370; 2016 Wesleyan Discipline:4500–4630; cf. 2016 Wesleyan Discipline:4250–4260.

4610. Trust Clause. All titles, deeds, and other written instruments for the conveyance of property to or for The Wesleyan Church as set forth in 2016 Wesleyan Discipline:4590 shall contain the following trust clause:

In trust for the use and benefit of the ministry and members of The Wesleyan Church, incorporated under the laws of the state of Indiana as The Wesleyan Church Corporation, subject to The Discipline, regulations, and appointments of said Church as from time to time legislated and declared.

4620. Real property acquired by a conveyance containing the foregoing trust clause in 2016 Wesleyan Discipline:4610 may be sold in conformity with the provisions of The Discipline, and when such provisions have been complied with, the real property so sold or conveyed shall be released from the foregoing trust clause, and the trustees enabled to give a good and sufficient deed (cf. [[2016 Wesleyan Discipline:[4690:1]]).

4630. Real property acquired by a conveyance containing the foregoing trust clause in 2016 Wesleyan Discipline:4610 may be mortgaged or otherwise encumbered in conformity with the provisions of The Discipline, and when such provisions have been complied with, the foregoing trust clause shall be subordinated to the mortgage lien (cf. 2016 Wesleyan Discipline:4690:2).