101
CurrentTransfer not effective until registered
Chapter 2Formation, powers and constitution of co-operatives
Part 2.4Shares
Division 7Sale or transfer of shares
101 Transfer not effective until registered
The transfer (by sale or otherwise) of a share in a co-operative is not effective until the transfer is registered and the name of the transferee is entered in the register of members in respect of the share.
This Act’s bill:Explanatory statement
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