Close Corporations Act 1989
Part 7INTERNAL ADMINISTRATION
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PART 7—INTERNAL ADMINISTRATION
Division 1—Mutual rights of members
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Association agreement
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Model association agreement
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This Division subject to contrary agreement
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Indemnity
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Loans by members
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Participation in management
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Allotment of shares
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Members not to be remunerated
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Resolution of differences
Division 2—Meetings
- Convening of meeting of members
Division 3—Obligations of members
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Members to render accounts
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Accountability of members for benefits
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Members not to compete with corporation
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Member to compensate corporation for loss resulting from conduct of member
Division 4—Oppressive conduct of affairs
- Application of Part 3.4 of Corporations Act