Articles of association for a CIC limited by shares - schedule 3 large membership
Schedule 3 articles of association for setting up a Community Interest Company (CIC) that is limited by shares with a large membership.
Documents
Details
Use the large membership articles if all of the following apply to your CIC:
- it is limited by shares
- the CIC will have more shareholders than it has directors
- use these articles if any dividend payments made from company profits will be paid to both an asset locked body and the owners of the CIC