20
CurrentEffect of sale, transfer or disposal of shares (CNL ss232 & 233)
Schedule 5Model rules for a distributing co-operative
Part 2Membership
Division 4Shares
20 Effect of sale, transfer or disposal of shares (CNL ss232 & 233)
A member who has sold or transferred, or disposed of the beneficial interest in, all the member’s shares, or has agreed to do any of those things, is not entitled to vote at any meeting of the co-operative.
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