Nature, Functions & Privileges of Registered Co-operative...

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2025-06-28 20:51:51 - Translate -

Nature, Functions & Privileges of Registered Co-operative Societies (Zimbabwe)

📌 Legal Personality & Powers Section 21 – Body Corporate Status Upon registration, a society becomes a body corporate. It has perpetual succession and may: Hold property Enter into contracts Sue and be sued Perform any legal corporate functions 🛡 Member Liability Section 22 – Limited Liability Members (current or past) are not personally liable for the...

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