• Specific Year
    Any

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 517 Company limited by guarantee

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 517

Company limited by guarantee

Subject to sections 518 and 519, if the company is a company limited by guarantee, a member need not contribute more than the amount the member has undertaken to contribute to the company's property if the company is wound up.