Commentary

29 Change of principal office

BUILDING SOCIETIES vol 6(1)

29 Change of principal office

29 Change of principal office

A building society may change its principal office in such manner as its rules direct1. If the rules contain no such direction, it may be changed by an ordinary resolution2. Notice of any such change and of its date must be sent to the central office within seven days after the change, and the central office must keep the notice in the building society’s public file3. Although the address of the principal office must be stated in the memorandum and the rules of the building society4, it

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