QLDIn ForceAct
Co-operatives National Law (Queensland)
sec.351Directors’ duties concerning CCUs
Start here
Get a plain-English read of sec.351
Turn the raw legal text into a practical explanation grounded in Co-operatives National Law (Queensland).
sec.351 Directors’ duties concerning CCUs
In discharging their duties, it is proper for the directors of a co-operative to take into account that the holders of CCUs, in their capacity as holders of CCUs, have none of the rights and entitlements of, and are not entitled to be regarded as, members of the co-operative.