782:36-37

(36) To present to the district board of administration for approval a plan for a day care and/or day school following authorization by the local church conference (655:19-20) or any plans for a significant change in mission, facilities, or finances of an established day care and/or day school (1233:35); to govern and direct a day care and/or day school when such has been properly approved (1233:35), or to govern while delegating the operation to a separate school committee; to elect the separate school committee and name its chair when thus delegating said operation; to submit an annual report to the district board of administration including organization, administration, and fiscal operations (655:18), for its approval.

(37) To establish treasuries, distinct and separate from that of a local church, to provide for the financial administration of day care centers, day schools, retirement homes, nursing homes, and such enterprises (cf. 655:19-20; 1233:35) and to adopt financial policies to assure adequate supervision and accountability.