Split
Fund, Diverted, Split
From the book The Clergyman’s Hand-book of Law, about Fund, Diverted, Split (1): A fund created for a particular purpose, as the education of children in the faith and doctrines of a denomination at the time the fund is created, can not be diverted from its original object.529 Neither can such a fund be split up when a congregation is divided, but must be retained as created.530
Resources
Notes and References
- Charles M. Scanlan, The Clergyman’s Hand-book of Law. The Law of Church and Grave (1909), Benziger Brothers, New York, Cincinnati, Chicago
See Also
- Religion
- Church
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