Full text: 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

39 & 40 Vict. Cap. 45, s. 17. 175 
(1.) How societies may he dissolved.—A society may Toe 
dissolved.— 
By an order to wind up the society, or a resolution for 
the winding up thereof, made as is directed in regard 
to companies by the Companies Act, 1862, the pro 
visions whereof shall apply to any such order or reso 
lution, except that the court having jurisdiction in the 
winding up shall be the county court (b), and that the 
term registrar shall for the purpose of such winding up 
mean the central office in England, or the assistant 
registrar in Scotland or Ireland, as the case may be ; 
or, 
By the consent of three fourths of the members, testified 
by their signatures to an instrument of dissolution. 
(2.) Liability of the members. — Where a society is wound 
up the liability of a present or past member of the society 
to contribute for payment of the debts and liabilities of the 
society, the expenses of winding up, and the adjustment of 
the rights of contributories amongst themselves, shall bo 
qualified as follows : 
(«•) No individual, society, or company who or which 
has ceased to be a member for one year or 
upwards prior to the commencement of the 
winding up shall be liable to contribute : 
(&•) No individual, society, or company shall be liable to 
contribute in respect of any debt or liability con 
tracted after he or it ceased to be a member : 
( c -) No individual, society, or company not a member 
shall be liable to contribute, unless it appears to 
the court that the contributions of the existing 
members are - insufficient to satisfy the just 
demands on the society : 
(d.) No contribution shall be required from any indi 
vidual, society, or company exceeding the amount, 
. W This is a re-enactment, with amendments, of s. 17 of the 
ndustrial and Provident Societies Act, 1862.
	        
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