(805 ILCS 110/46e) (from Ch. 32, par. 180)
Sec. 46e. The trustees of every such congregation, church, or society, under the
patronage, control, direction, or supervision of any ecclesiastical body,
or diocesan, or like ecclesiastical officer, after the same has become
incorporated under Sections 46a to 46h, inclusive, of this Act, and their
successors, shall have perpetual succession with power to adopt a common
seal, which may be altered and changed at pleasure, contract, and be
contracted with, sue and be sued, plead and be impleaded, by the corporate
name of such congregation, in all courts, whatever; to receive, hold,
dispose of, mortgage, and convey any kind of property; to make and adopt
by-laws for their government, not inconsistent with Sections 46a to 46h,
inclusive, of this Act, or with the rules and regulations of the sect or
denomination having the charge or patronage of the corporation; and shall
alone have power to make all contracts needful in the management of the
temporal affairs of such congregation, church, or society: but
no conveyance, or mortgage shall be made to affect, or destroy the intent
of any grant, legacy, or donation, that may be made to any person, or
trustee, for the use of such congregation, church, or society, or for the
use of any sect, or denomination. However, this limitation on the
disposition of real or personal property does not apply to the extent that
a restriction imposed by a donor on the use of an institutional fund may be
released by the governing board of an institution under the Uniform Prudent Management of Institutional Funds Act.
The trustees of any corporation, organized under Sections 46a to
46h, inclusive, of this Act, which is, or may be, under the control,
patronage, direction or, supervision of any ecclesiastical body, diocesan,
or like officer, shall hold and control, invest or reinvest the real and
personal property of such corporation, and contract with reference thereto,
according to the "Uniform Management of Institutional Funds Act", or the
rules, regulations, constitution,
articles of association, by-laws, or canons of such ecclesiastical body,
diocesan, or like ecclesiastical officer.
(Source: P.A. 96-29, eff. 6-30-09.)
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