19. The Inspector General of Financial Institutions may also, upon petition by a bishop, grant by letters patent issued over his signature and seal, a charter incorporating, for any of the purposes mentioned in section 9 and upon the conditions contained in the petition, any council, committee, organization or association.
The petition of the bishop shall indicate the purpose of the corporation, its corporate seat, the powers, rights and privileges mentioned in section 10 which it will enjoy, the rules for the exercise of its powers and for the designation of its members or administrators.
The Inspector General shall deposit the letters patent in the register, and the corporation shall exist from the date of such deposit.
The Inspector General of Financial Institutions may also, upon application of the bishop, amend by supplementary letters patent the by-laws and powers of a corporation constituted under the authority of this section; the supplementary letters patent shall be deposited in the register.
The letters patent issued by the Inspector General of Financial Institutions over his signature and seal have the same effect as if they had been issued by the Lieutenant-Governor under the Great Seal.
The bishop of the diocese wherein the corporate seat of a corporation constituted under the authority of this section is located may dissolve it by filing an act of dissolution with the Inspector General, who shall deposit it in the register. In the event of dissolution, the property of such corporation, after payment of its obligations, shall devolve on such bishop.
R. S. 1964, c. 304, s. 19; 1983, c. 54, s. 39; 1993, c. 48, s. 409.