Civil Code · English · 2015
Article 452
Amalgamation of Several Endowments
(1)
The Court may, on the application of the Ministry of Local Government, authorize the amalgamation of two or more endowments with a view to coordinating their activities, if such amalgamation is desirable in the general interest.
#(2)
The application to this effect may be made to the Court by the organ for the protection and control, if such organ is common to the interested endowments.
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