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560

  1. Entities of the Order are to define in their chapter legislation and/or statutes the proper procedures for financial operations (administration, safe keeping of valuables and negotiables, investments and banking) in a manner suitable to their local conditions (K, n. 384).
  2. Only in banks of assured security may money be deposited and, in accordance with n. 555, it must be deposited in the name of the respective moral person or institute to which it belongs.
  3. The bank must be chosen by the administrator him self with the consent of the superior.
Start Date
19681002