24Death of member (CNL ss93 & 102–106)

24 Death of member (CNL ss93 & 102–106)

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.