Canon
922
1. Every
juridic person constituted by special concession of
ecclesiastical
authority must have its own statutes, approved by
the
authority that is competent to set it up as a juridic person.
2. While
observing common law, the statutes, to obtain approval, must contain provisions
that deal more specifically with the
following
matters: (1) the specific purpose of the juridic person; (2) the nature of the
juridic person; (3) who is responsible
for the
management of the juridic person and how this management
is to be
carried out; (4) who is to represent the juridic person
in the civil
and in the ecclesiastical forum; (5) who is responsible for disposing of the
goods of the juridic person and, in
the case of
the juridic person ceasing to exist, who is the executor of the division of the
goods among several juridic persons,
or the
merger of the goods with other juridic person, observing
always the
wishes of donors and acquired rights. 3. A juridic
person
cannot validly transact business before its statutes have
been
approved.
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