Section 315.37 When Society Ceases to Exist; Disposal of Property

315.37 WHEN SOCIETY CEASES TO EXIST; DISPOSAL OF PROPERTY.

When a religious society under the control or supervision of a superior body ceases to exist or to maintain its organization, its real and personal property vests in and is transferred, as provided in section 315.38, to the next higher governing or supervising corporate body of the same denomination.

History:

(7999) RL s 3160; 1985 c 265 art 5 s 1