Benevolent corporations may own real or personal property.

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Any charitable corporation, including chartered fraternal, grand and subordinate lodges and societies, are hereby empowered to receive, either by way of gift, purchase, grant, devise or by will, real or personal property, and to hold the same, and to dispose of the same in the carrying out of the purposes of the corporation, society or lodge.

Amended by Laws 1983, c. 100, § 15, emerg. eff. May 9, 1983.


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