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§ 5-326. Trustees' holding of property

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 3. Religious Corporations
Part III. United Methodist Church
MD Code, Corporations and Associations, § 5-326
§ 5-326. Trustees' holding of property
Currentness
All assets owned by any Methodist Church, including any former Methodist Episcopal Church, Methodist Protestant Church, Methodist Episcopal Church, South, the Washington Methodist Conference, or Evangelical United Brethren Church, whether incorporated, unincorporated, or abandoned:
(1) Shall be held by the trustees of the church in trust for the United Methodist Church; and
(2) Are subject to the discipline, usage, and ministerial appointments of the United Methodist Church, as from time to time authorized and declared by the general conference of that church.

Credits

Added by Acts 1976, c. 487, § 5.
MD Code, Corporations and Associations, § 5-326, MD CORP & ASSNS § 5-326
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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