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.