Section 306:3 Powers as to Donation.
If a donation, gift or grant is made to any unincorporated religious society, such society shall be a corporation so far as may be necessary to take, hold, manage and use the donation, gift or grant; but the income of the donations, gifts or grants to any such unincorporated religious society shall not exceed the sum of $5,000 a year.
Source. RS 144:7. CS 153:7. GS 139:5. GL 153:5. PS 152:3. PL 232:3. RL 281:3.