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Building Societies Act 1965

Dissolution and winding up

114: Dissolution in accordance with rules

You could also call this:

“How to end a building society by following its rules”

You can dissolve a building society in the way its rules say. The rules of the society describe how to do this. This means if you want to end the society, you need to follow the steps that are written in its rules.

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Topics:
Money and consumer rights > Banking and loans Housing and property > Buying and selling homes
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113S: Registers, or

"Official records don't change when a building society becomes a company"

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115: Dissolution by consent, or

"Building society can close if most members agree and follow special rules"

Part 8 Dissolution and winding up

114Dissolution in accordance with rules

  1. A society may be dissolved in the manner prescribed by its rules.

Compare
  • 1908 No 18 s 33(1)(b)
  • Building Societies Act 1962 s 99 (UK)
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