20
CurrentWhen election of members of executive committee must be held
20 When election of members of executive committee must be held
(1)
This section applies to a land trust if the land trust’s total income from all sources for a financial year is more than $20000.
(2)
The land trust must, within 2 years after the end of the financial year, hold an election of members of the land trust to elect the members of its executive committee.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.