Section 35

Question 1

Section 35

Answer 1

Section 35: Effect of Alteration in Memorandum or Articles

If changes are made to the memorandum or articles of association that require members to:

1. Take on more shares than they already have
2. Increase their guarantee amount

These changes only apply to a member if they provide written consent, either:

1. Before the alteration
2. After the alteration