1502. Incorporation--The General Board of Higher Education and Ministry shall be a corporation under the laws of Tennessee and shall be responsible for the functions previously conducted by the Division of Higher Education of the General Board of Education and the Commission on Chaplains and Related Ministries of The United Methodist Church.
The General Board of Higher Education and Ministry is authorized to take such action as is appropriate under the corporation laws of Tennessee so as to accomplish the end result stated above, and under which the General Board of Higher Education and Ministry shall be one legal entity.
The divisions of the General Board of Education were not incorporated separately; it is the intent, however, that responsibility for the functions delegated to the divisions by prior legislative action be transferred consistent with the separation of the divisions between the General Board of Discipleship and the General Board of Higher Education and Ministry. In the division of the assets of the General Board of Education, it is the intent that all assets be used in keeping with the original intent and purpose for which they were established or acquired, and so be assigned as appropriate to the General Boards of Discipleship and Higher Education and Ministry respectively. It is further intended that the annuities, bequests, trusts and estates formerly held by the General Board of Education be used for the benefit and use of the General Boards of Discipleship and Higher Education and Ministry (in accord with their purposes as defined in the Discipline) respectively as their interests may appear, and that real estate titles be authorized to be conveyed as appropriate and apportioned where indicated.
In the event that the intent of the original donor of existing annuities, bequests, trusts, and estates cannot be clearly determined in relation to the interests of the two boards, such assets shall be divided equally between the two boards.
It is further intended that should additional assets accrue to the former General Board of Education by reason of annuities, bequests, trusts, and estates not now known and where the intent of the donor can be clearly ascertained, the assets shall be used in keeping with the original intent and purpose for which they were established or acquired and so be assigned as appropriate to the General Boards of Discipleship and Higher Education and Ministry respectively.
It is further intended that should additional assets accrue to the former General Board of Education by reason of annuities, bequests, trusts, and estates not now known and where the intent of the original donor cannot be clearly determined in relation to the interests of the two boards, such assets shall be divided equally between the two boards.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
1992 Book of Discipline: ¶ 1502
1996 United Methodist General Conference