The following is a segment of an address originally given by Latter-day Saint Wendy Ulrich, Ph.D., at the FAIR Mormon conference and reposted with permission:
“Who can hold the priesthood and how do they get it?”
Men are given priesthood authority by being ordained to specific offices in the priesthood by the laying on of hands by other priesthood leaders and holders and through the ordinances and covenants of the temple. They may be given specific priesthood duties and keys that authorize them to oversee aspects of the work of the Church and they delegate priesthood authority to others.
Women are given priesthood authority to fulfill specific assignments in the Church by the laying on of hands of men who hold Priesthood keys. Women are also endowed with priesthood power in the temple. Women can thus use priesthood authority to oversee and do the work of the Church in the Relief Society and other Church auxiliaries, perform specific priesthood ordinances, bring themselves and others into the presence of God, and act in the earth for the salvation of the human family.
Read full article at LDS Living or buy Wendy Ulrich’s excellent book Let God Love You: Why We Don’t; How We Can