Constitution of Urabba Parks/Section 114: Difference between revisions
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= Liabilities of members = | = Liabilities of members = | ||
(1) Urabba Parks has the first and paramount lien on membership to the extent it is pledged. | (1) Urabba Parks has the first and paramount lien on membership to the extent it is pledged. | ||
(2) In the case of Urabba Parks becoming liable to pay any amounts in respect of membership to any person under any law other than in the course of the charitable business of Urabba Parks, the member and each joint holder holding membership, or the personal representative entitled to be registered, shall be liable to indemnify Urabba Parks for the amounts. | (2) In the case of Urabba Parks becoming liable to pay any amounts in respect of membership to any person under any law other than in the course of the charitable business of Urabba Parks, the member and each joint holder holding membership, or the personal representative entitled to be registered, shall be liable to indemnify Urabba Parks for the amounts. | ||
Revision as of 11:15, 22 September 2021
Liabilities of members
(1) Urabba Parks has the first and paramount lien on membership to the extent it is pledged.
(2) In the case of Urabba Parks becoming liable to pay any amounts in respect of membership to any person under any law other than in the course of the charitable business of Urabba Parks, the member and each joint holder holding membership, or the personal representative entitled to be registered, shall be liable to indemnify Urabba Parks for the amounts.