Sec. 6.
All money or property given to the corporation, for any 1 of the objects specified in the last preceding section, to be designated by the donor, shall be used by the corporation for that object and no other; and all moneys or property given to the corporation generally, and without the donors specifying the particular object to which it shall be applied, may be used to promote any 1 or more of the objects named in said section.
History: 1842, Act 42, Eff. Mar. 19, 1842 ;-- CL 1929, 10918 ;-- CL 1948, 458.156
Structure Michigan Compiled Laws
Chapter 458 - Ecclesiastical Corporations
Act 42 of 1842 - Baptist Convention (458.151 - 458.159)
Section 458.151 - Baptist Convention; Incorporation, Objects.
Section 458.153 - First Meeting, Calling; Annual Meeting.
Section 458.155 - Powers of Corporation; Legal Successor to Certain Dissolved Corporations.
Section 458.156 - Donations; Use.
Section 458.157 - Members; Powers at Any Meeting.