Common Contracts

1 similar Memorandum of Understanding contracts

Memorandum of Understanding General Council Church to Parent an existing District Affiliated Church, with property.
Memorandum of Understanding • November 1st, 2023

This process involves the dissolution of the DA church’s corporation and congregational autonomy, placing the ministry under the oversight of a General Council Affiliated Church. Essentially, the PAC becomes a “department” of the Parent. The District Affiliated property will be transferred to the District, and leased to the Parent church for $1/year. This agreement is made in view of a GC church providing significant leadership and ministry oversight, to allow the PAC to thrive, and to eventually resume DA or GC status. The agreement is for five years, is renewable, and can be terminated if warranted.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!