Petition 80549

Print this page
Submitted TextClose Window X

GBPHB Legal Entities (80549-FA-¶1503.2)

Amend subparagraph a) and subparagraph c) of ¶1503.2 as follows:
  
a) The general board is authorized and empowered in its discretion to cause its general administrative operations to be conducted through a corporation, the name of which shall be the General Board of Pension and Health Benefits of The United Methodist Church, Incorporated in Illinois.
Delete subparagraph c).

Rationale

Clarify that all the operations are conducted by the Illinois Corporation except the trust function and that all activities of the General Board are performed by an incorporated entity, while eliminating those corporations and corporate names no longer in use.