1706

LAWS OF MARYLAND

[Ch. 311

(4)     GENERALLY MANAGE ANY ASSETS OF THE
RELIGIOUS CORPORATION; AND

(5)   ADOPT RULES AND ORDINANCES FOR CONDUCTING
THEIR AFFAIRS AS NECESSARY AND CONVENIENT TO ACCOMPLISH
THE PURPOSE OF THE RELIGIOUS CORPORATION, INCLUDING:

(I)    APPOINTING THE TIME AND PLACE OF A
MEETING OF ITS MEMBERS; AND

(II)    DETERMINING THE NUMBER OF MEMBERS
NECESSARY TO CONSTITUTE A QUORUM.

(B)    INSTRUMENTS PROHIBITING SALE, MORTGAGE, OR
OTHER DISPOSITION.

THE PROVISIONS OF THIS SECTION DO NOT AUTHORIZE ANY
SALE, MORTGAGE, OR OTHER DISPOSITION OF ANY ASSET OF THE
RELIGIOUS CORPORATION WHICH IS HELD UNDER AN INSTRUMENT
PROHIBITING THAT SALE, MORTGAGE, OR OTHER DISPOSITION.

(C)     AUTHORIZATION BY TRUSTEES TO EXECUTE AN
INSTRUMENT OR CONVEYANCE.

BY RESOLUTION, THE TRUSTEES MAY AUTHORIZE ONE OR
MORE OF THEIR MEMBERS TO:

(1)    EXECUTE ANY INSTRUMENT REQUIRED TO BE
EXECUTED BY THE TRUSTEES, INCLUDING ANY DEED, MORTGAGE,
OR OTHER CONVEYANCE OF ASSETS WHICH ARE TO BE SOLD,
TRANSFERRED, OR ENCUMBERED; AND

(2)   ATTEST AND AFFIX TO THE INSTRUMENT THE
CORPORATE SEAL, IF ANY.

REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 23,
§§256, 257, and 265.

In subsection (a)(1) of this section, the term
"perpetual existence" is substituted for the
term "perpetual succession" to conform with
§2-104 of this article.

The word "church" is defined in §5—301 and the
word "assets," which is substituted for the
word "property" throughout this subtitle, is
defined in §1-101 of this article.

5-307. TRUSTEES.

(A) DUTIES.

THE TRUSTEES SHALL: