The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

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Monograph

Identifikator:: 875232663

URN:: urn:nbn:de:zbw-retromon-2698

Document type:: Monograph

Title:: The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

Place of publication:: with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index$gTenth edition, revised and enlarged

Publisher:: Shaw and Sons

Year of publication:: 1881

Scope:: 1 Online-Ressource (XII, 303 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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240 MODEL RULES. contributions receivable by tlie society, and to its funds and effects, debts and credits, as the registrar may from time to time require. XIII.—Inspection of Books. 1. The books and accounts of the society shall be open to the inspection of any member or person having an interest in the funds of the society at all reasonable hours, at the registered office of the society, or at any place where the same are kept [except (a) that no such member or person, unless he be an officer of the society, or be specially autho rised by a resolution of the society to do so, shall have the right to inspect the loan or deposit account of any other member without the written consent of such member], and it shall be the duty of the secretary to produce the same.— Friendly Societies Act, 1875, s. 14(1 g). 2. It shall be the duty of the committee of management to keep a copy of the last annual balance sheet of the society for the time being, together with the report of the auditors, if any, and of the last quinquennial valuation for the time being, always hung up in a conspicuous place at the regis tered office of the society.—Friendly Societies Act, 1875,. s. 14 (1 i). XIIIc*.—Dividing Societies. If the society is a dividing one, a rule should he inserted' stating when and how the division is to he made, and that— It shall be the duty of the committee of management to see that all claims upon the society existing at the time of any division of the funds thereof are met and provided for before any such division takes place.—Friendly Societies Act, 1875, s. 11 (4). XIY.—Investment of Funds, Holding of Land, <&c. 1. So much of the funds of the society as may not be wanted for immediate use, or to meet the usual accruing liabilities, shall, with the consent of the committee of management, or a majority of the members of a society present and entitled to vote at a general meeting, be invested by the trustees in such of the following ways as such com* mittee or general meeting shall direct : namely, in any savings bank certified under the Act of 1863, or post office (a) If the society does not grant loans to members, the words- in brackets to be left ont.

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