# Companies Act 2006, Section 37: Right to participate in profits otherwise than as member void


In the case of a company limited by guarantee and not having a share capital any provision in the company's articles, or in any resolution of the company, purporting to give a person a right to participate in the divisible profits of the company otherwise than as a member is void.

---
Source: https://www.legislation.gov.uk/ukpga/2006/46/section/37 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.