This Week's LessonWeek of December 9
This week we turn our attention to Part 1 of Loans to Pastors. Start by completing the following quiz. Then review the Executive Summary for the key points on this topic, or read the Weekly Lesson for a complete discussion of this topic.
Pastor D would like to purchase a new home, but needs help with a down payment. The church board agrees to loan Pastor D $25,000 at no interest, payable on demand. Does the church have the legal authority to enter into such a transaction?