INTRODUCTION.
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59. A registered society may create a loan
fund distinct from its other funds, and may lend
a sum not exceeding £50 out of such fund to any
member.
60. Every officer of a registered society, having
receipt or charge of its money, must, if required
by the rules, give security, and must render
accounts when called upon.
61. Legal proceedings may be taken against a
registered society either in the name of its trustees,
or of any officer who receives its contributions,
and continue notwithstanding the discontinuance
of such officer. Provision is made for the service
of summonses, &c., at any place of business of the
society; or, if the place of business be closed, by
posting a copy on its outer door, and giving notice
by registered letter to the committee of manage
ment at the registered office of the society.
62. Disputes are to be decided in the manner
the rules of the society direct; and the parties
may, by consent, refer a dispute to the Chief (or in
Scotland or Ireland the Assistant) Registrar, who
may administer oaths, call witnesses, and require
the production of documents.
63. Upon application of one-fifth of the
members of a registered society (or of 100
members only where the society consists of 1,000
and not exceeding 10,000, or of 500 members of
a society exceeding 10,000), the Chief (or in
Scotland or Ireland the Assistant) Registrar may
with the consent of the Treasury appoint inspectors
to examine into the affairs of the society and to
report thereon or may call a special meeting of the
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