Co-operatives National Regulation (Queensland)
sch.5-sec.24Death of member (CNL ss93 & 102–106)
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sch.5-sec.24 Death of member (CNL ss93 & 102–106)
The legal personal representative of a deceased member may apply to the board for a transfer of the deceased member’s shares in the following form: I, ...................., am the legal personal representative of ............... (a member of the co-operative) who died on............... Copies of my appointment as executor/administrator of the estate are attached. I request that the board transfer all shares attaching to the membership of ......................................... being shares numbered ............... in the co-operative, to me. A. I intend to hold the shares subject to the deceased member’s last will and testament/letters of administration and will notify the board of any proposal to transfer the shares to any beneficiary/ies OR B. I am also the beneficiary of the estate of the deceased member and I am aware of the requirements for active membership under the rules of the co-operative. (Include any additional information to enable the board to consider whether the transferee is likely to be an active member of the co-operative.) Dated ......................... Signed by ......................................... Legal personal representative In the presence of ......................................... witness.