Section C-10.6. Funds Held for Others.
With the approval of the Board of Trustees, the Association may hold for investment and distribution funds belonging to or given for the benefit of a member congregation, associate member organization, independent affiliate organization, or other organizations. Such funds may be invested in the General Investment Fund of the Association unless they are subject to specific restrictions which require some other form of investment.
Last updated on Friday, September 18, 2009.
