H. Funds, Property, Trusts
Submitted by StevenDavison on Tue, 11/15/2016 - 2:13pm
H. Funds, Property, Trusts
All money and property held by any meeting are considered as held in trust for the objectives, uses, and purposes of the Religious Society of Friends, subject to any special conditions of trust. No meeting may distribute or partition its property among individual members of a meeting. If any meeting ceases to exist, its property shall pass to the yearly meeting or otherwise as indicated in Section D, “Discontinuance of Meetings.”