Investments
583
-
ordinationRevision history
- Confirmed ACG 1968 River Forest n.
- If the provincial chapter approves, and with due regard for owners’ rights, including the right to interest, financial investments, in the strict or the wider sense, should be made jointly for the entire province and not by individual convents.
- The provincial council should make general rules about the placing of investments and the transfers that may need to be made, so that the bursar of the province, in collaboration with the economic council and after consulting independent experts, may transact business expeditiously.
584
-
ordinationRevision history
- Confirmed ACG 1968 River Forest n.
To make and change investments strictly so called, the consent of the provincial council suffices, observing the prescriptions of common law.