Vermont Statutes Title 27 Sec. 904
Terms Used In Vermont Statutes Title 27 Sec. 904
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- said: when used by way of reference to a person or thing shall apply to the same person or thing last mentioned. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 904. Transfer of property of extinct parishes and missions
All property of any kind belonging to or held in trust for a parish or mission of the Protestant Episcopal Church, which, under the canons and usages of the Protestant Episcopal Diocese of Vermont, ceases to exist as a parish or mission, shall vest in and become the property of the Trustees of the Diocese of Vermont, a corporation organized and existing under the laws of the state of Vermont, the property, or the avails thereof, to be used by said trustees for the aid, benefit or advancement of the Protestant Episcopal Diocese of Vermont in the manner authorized by the corporation charter of November 19, 1880 as amended. (Added 1969, No. 96, § 1.)