Vermont Statutes Title 27 Sec. 821
Terms Used In Vermont Statutes Title 27 Sec. 821
- 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.
- Domestic: when applied to a corporation, company, association, or copartnership shall mean organized under the laws of this State; "foreign" when so applied, shall mean organized under the laws of another state, government, or country. 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
§ 821. Vesting of property of extinct churches
All property of any kind belonging to or held in trust for a Congregational church, Congregational church and society, or Congregational society, hereafter referred to as Congregational church in this subchapter, organized under the laws of this state, which has become or shall become extinct by death of all its members or otherwise, and which has been or shall be at any time affiliated with the Vermont Congregational Conference, a religious corporation existing by virtue of No. 267 of the Acts of 1872 as since amended, or with the Vermont Domestic Missionary Society, a religious corporation existing by virtue of No. 268 of the Acts of 1872, and engaged in religious missionary work and in fostering weak Congregational churches in this state connected with a Congregational church affiliated with such Vermont Congregational Conference or such Vermont Domestic Missionary Society, shall vest in and become the property of such Vermont Domestic Missionary Society.