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Alienation and Adverse Business Transactions Limits
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Alienation/Adverse Business Transaction Limits

The Congregation for Institutes of Consecrated life and Societies of Apostolic Life  sets the maximum amount for which approval is required in cases of alienation of stable patrimony or business transactions which could have an adverse effect on the patrimonial condition of an institute/society. By letter dated June 3, 2015, the Congregation informed CMSM, LCWR and CMSWR that the maximum amounts that it would approve will be based on the number of Catholics in the (arch) diocese in which the property or goods are located. If there are less than 500,000 Catholics in that diocese, the limit is $5,705,000. If there are more than 500,000 Catholics, the limit is $11,408,000. See NIB Vol. 7, No. 2, page 7.

 

This amount applies only to an alienation or a business transaction within the United States.  Alienation and business transactions in other countries must follow the amount set for institutes and societies in each particular country or region.  [See canon 638.3]. 

For more information, RCRI members can go to Tab 19 of the Administrative Procedures Manual at this link..

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