Other approved levy. If the members of the Co-op, by Ordinary Resolution at a general meeting of the Co-op, approve a levy to raise additional funds for any purpose, the Directors may levy and collect an additional sum from each member and the same must be payable by the member upon notice to the member.
Appears in 2 contracts
Samples: Rules of Cooperative Housing Association, Rules of Byrne Creek Housing Co Operative
Other approved levy. If the members of the Co-op, by Ordinary Resolution ordinary resolution at a general meeting of the Co-op, approve a levy to raise additional funds for any purpose, the Directors may levy and collect an additional sum from each member and the same must be payable by the member upon notice to the member.
Appears in 1 contract
Other approved levy. β If the members of the Co-op, by Ordinary Resolution ordinary resolution at a general meeting of the Co-op, approve a levy to raise additional funds for any purpose, the Directors may levy and collect an additional sum from each member and the same must be payable by the member upon notice to the member.
Appears in 1 contract
Samples: Rules of a Housing Cooperative
