Common use of Calls on unpaid amount of Shares Clause in Contracts

Calls on unpaid amount of Shares. The Directors may make calls on a member or members for any of the money unpaid on Shares and a call is deemed to have been made at the time when the resolution of the Directors authorizing the call was passed.

Appears in 2 contracts

Samples: Rules of Cooperative Housing Association, Rules of Byrne Creek Housing Co Operative

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Calls on unpaid amount of Shares. The Directors may make calls on a member or the members for any of the money unpaid on Shares shares and a call is deemed to have been made at the time when the resolution of the Directors authorizing the call was passed.

Appears in 1 contract

Samples: Rules of a Housing Cooperative

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Calls on unpaid amount of Shares. β€Œ The Directors may make calls on a member or members for any of the money unpaid on Shares and a call is deemed to have been made at the time when the resolution of the Directors authorizing the call was passed.

Appears in 1 contract

Samples: Rules of Pine Ridge Housing Co Operative

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