Form

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

CIC Articles of association schedule 3 limited by shares large membership

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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
Published 6 March 2019