R.S.M. 1990, c. 217
The Providence College and Theological Seminary Incorporation Act
1 | Continuation | |
2 | Corporate powers | |
3 | Power to hold property | |
4 | Power to dispose etc, of property | |
5 | (1) | Power to invest |
(2) | Money that may be invested | |
(3) | Limitations | |
(4) | Corporation to exercise care, diligence and skill | |
(5) | Additional powers of the corporation | |
(6) | Corporation may enter into agreements re money and property | |
(7) | Corporation may retain and engage experts | |
6 | Assets for sole use of institution | |
7 | Powers to educate and make rules, etc. | |
8 | Directors | |
9 | Officers | |
10 | By-laws, rules and regulations | |
11 | Vesting of property | |
12 | (1) | Management |
(2) | Terms and conditions of agreements may be set by board | |
13 | Execution of transfers, etc. | |
14 | Non-liability of members | |
15 | Accounting to Minister of Advanced Education and Literacy | |
16 | Degrees |