13 §3166. Trustees may hold for use of ministry and schools - Maine Statutes

State Codes and Statutes

Statutes > Maine > Title13 > Title13ch93sec0 > Title13sec3166

Title 13: CORPORATIONS

Part 2: CORPORATIONS WITHOUT CAPITAL

Chapter 93: RELIGIOUS SOCIETIES

Subchapter 5: MINISTERIAL AND SCHOOL LANDS

§3166. Trustees may hold for use of ministry and schools

The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed the sum which their town is bound to raise for the same use.

State Codes and Statutes

Statutes > Maine > Title13 > Title13ch93sec0 > Title13sec3166

Title 13: CORPORATIONS

Part 2: CORPORATIONS WITHOUT CAPITAL

Chapter 93: RELIGIOUS SOCIETIES

Subchapter 5: MINISTERIAL AND SCHOOL LANDS

§3166. Trustees may hold for use of ministry and schools

The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed the sum which their town is bound to raise for the same use.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Maine > Title13 > Title13ch93sec0 > Title13sec3166

Title 13: CORPORATIONS

Part 2: CORPORATIONS WITHOUT CAPITAL

Chapter 93: RELIGIOUS SOCIETIES

Subchapter 5: MINISTERIAL AND SCHOOL LANDS

§3166. Trustees may hold for use of ministry and schools

The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed the sum which their town is bound to raise for the same use.