Upon the death, resignation, or removal of an archbishop, bishop, president, trustee in trust, president of stake, president of congregation, overseer, presiding elder, or member of the clergy, who at the time of death, resignation, or removal was holding the title to trust property for the use or benefit of a church or religious society and not incorporated under this chapter as a corporation sole, the title to all property held by that person does not revert to the donor nor pass to the heirs of the deceased person, but is in abeyance until a successor is appointed to fill the vacancy. Upon the appointment of the successor the title of all the property held by the predecessor immediately vests in the person appointed to fill the vacancy.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 40. Religious Corporations
Sec. 10.40.010. Authorized purposes.
Sec. 10.40.015. Distinguishable name.
Sec. 10.40.020. Execution of articles of incorporation.
Sec. 10.40.030. Filing and recording of articles of incorporation.
Sec. 10.40.040. Contents of articles of incorporation.
Sec. 10.40.050. Amendment of articles and change of seal.
Sec. 10.40.060. Corporate existence.
Sec. 10.40.070. Corporate powers.
Sec. 10.40.080. Requirements for instruments.
Sec. 10.40.090. Filing impression of seal.
Sec. 10.40.100. Articles as evidence of corporate existence.
Sec. 10.40.105. Biennial report.
Sec. 10.40.125. Other transactions.
Sec. 10.40.130. Service of process.
Sec. 10.40.140. Fees and penalties.