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Section 24: Register of members

Co-operatives Act · PART V: POWERS, PRIVILEGES AND DUTIES OF SOCIETY

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

24. Register of members (1) Every society shall keep and maintain up to date a register of members and a register of shares which shall be prima facie evidence of— (a) the date on which the name of a person was entered in the register as a member; (b) the date on which a person ceased to be a member; (c) the name of a nominee; and (d) the number of shares by category held by each member. (2) Every member shall, on payment of the amount due by him in respect of the shares, be issued with a share certificate.

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