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