Acts Online
GT Shield
"member"
in relation to a corporation, means a person qualified for membership of a corporation in terms of section 29 and designated as a member in a founding statement of the corporation, including, subject to the provisions of this Act, a trustee, administrator, executor or curator, or other legal representative, referred to in paragraph (c) of subsection (2) of section 29, in respect of any such person who is insolvent. deceased, mentally disordered or otherwise incapable or incompetent to manage his affairs but excluding any such person who has in terms of this Act ceased to be a member;