1719. 1. The property, assets, and income of the Illinois corporation shall be held by it, under the direction of the board, as an agency of The United Methodist Church and shall at all times be subject to the control and direction of the General Conference of The United Methodist Church as set forth from time to time in the Discipline.
2. In carrying out and executing its operations and functions, the General Board of Publication shall be entitled to hold, use, manage, operate, and otherwise utilize all property and assets of every kind, character, and description of the corporation(s) identified in 1718.1 (other than its corporate powers and franchises) and all income therefrom and avails thereof for the purposes and objectives defined in this section.
3. The Illinois corporation and any corporation(s) created by the board pursuant to 1709.2 shall from time to time take all such action as the board deems necessary or advisable to carry out the intent and purposes of this paragraph and section.
4. The General Board of Publication shall be liable for and shall execute and satisfy all legal obligations of the corporation(s) created by the board pursuant to 1709.2 but neither it nor the board shall have or be under any obligation to account for principal and income to any such other corporation or to otherwise report to any of them.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
1992 Book of Discipline: ¶ 1719
1996 United Methodist General Conference