Any eleemosynary or religious corporation created in this state prior to April 1, 1969, or thereafter chartered is by virtue of its existence authorized, in addition to the propagation of the gospel, to:
(1) Conduct schools for the training of youth;
(2) Own and operate for itself or for others printing plants and publishing houses and any desired methods or means for the dissemination of news and information;
(3) Own and operate hospitals, nursing homes, and any and all kinds of institutions for the alleviation of pain and suffering;
(4) Own and operate for itself or others orphan asylums, old people's homes, and any and all institutions for the care of the needy and dependent;
(5) Conduct and carry into effect any plan for the care, maintenance, and support of its workers and employees who may have become disabled, been retired, or otherwise made eligible for the benefits of said plan and, in connection therewith, to conduct a plan for the establishment and payment of annuities; and
(6) Do anything and everything necessary and proper for the accomplishment of the objects enumerated in this Code section and, in general, to carry on any lawful business necessary or incident to the attainment of these objects.
Section: Previous 14-5-40 14-5-41 14-5-42 14-5-43 14-5-44 14-5-45 14-5-46 14-5-47 14-5-48 14-5-49 14-5-50 14-5-51Last modified: October 14, 2016