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LITERARY AND SCIENTIFIC INSTITUTIONS ACT 1854 - SECT 20

Personal property of institutions, how to be vested.

20. Where any institution shall be incorporated, and have no provision
applicable to the personal property of such institution, and in all cases
where the institution shall not be incorporated, the money, securities for
money, goods, chattels, and personal effects belonging to the said
institution, and not vested in trustees, shall be deemed to be vested for the
time being in the governing body of such institution, and in all proceedings,
civil and criminal, may be described as the monies, securities, goods,
chattels, and effects of the governing body of such institution, by their
proper title.

© 1854 Crown Copyright

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