Commentary

58 Special meeting on members’ requisition

BUILDING SOCIETIES vol 6(1)
| Commentary

58 Special meeting on members’ requisition

| Commentary

58 Special meeting on members’ requisition

The requisite number1 of members of a building society may requisition the society to call a special meeting2 and to send to each member entitled to receive notice of the meeting a statement of not more than 500 words with respect to the matters to be dealt with at the meeting3. The requisition must state the objects of the meeting, be signed by the requisitionists and be deposited at the society’s principal office4. The rules of the society may require a requisitionist either: to have been a shareholding member for a specified period (of

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