Section 315.11 Limitation of Right to Hold Property
315.11 LIMITATION OF RIGHT TO HOLD PROPERTY.
A religious corporation may not take or hold real or personal property for purposes other than those of its incorporation. The amount of property it may hold is subject to any limitation or modification enacted by general laws.
History:
(8002) RL s 3163; 1985 c 265 art 5 s 1