Common use of Personal and Real Property Clause in Contracts

Personal and Real Property. Each Council shall have the right to acquire property, both real and personal, to facilitate the furtherance of their programs. Council shall maintain a running inventory of any such property acquired by Council from any and all sources. The Council shall provide that any property acquired is the property of LULAC and that it shall be turned over to the National Office or its designated Chartered Council in the event that said Council’s Charter become forfeited and/or not renewed by LULAC National.

Appears in 13 contracts

Samples: Charter Agreement, Charter Agreement, Charter Agreement

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