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  • TITLE 19 Persons and Juridic Acts
    • 927
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Canon 927

1. By its nature a juridic person is perpetual; nevertheless,

is ceases to exist if it is suppressed by the competent authority, or if in fact it has been inactive for a hundred years.

2. A juridic person can be suppressed only for a serious reason, after its moderators have been consulted and the prescriptions which are laid down in the statutes concerning suppression

have been observed.




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