Michigan Laws 458.273 – Authority of bishop to make conveyance; approval required
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Terms Used In Michigan Laws 458.273
- 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.
- Personal property: All property that is not real property.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
Any bishop of the Protestant Episcopal church in the state of Michigan who may now or hereafter be vested with title to any lands, tenements or personal property in trust for any of the uses and purposes named herein may in his discretion give, grant and convey the same to a corporation incorporated under the laws of the state of Michigan, authorized by the canons of said diocese or by resolution of the diocesan convention thereof to hold such property, subject to all the terms and conditions of the trust under which said bishop received and held the same.