# Companies Act 2006, Section 584: Public companies: shares taken by subscribers of memorandum


Shares taken by a subscriber to the memorandum of a public company in pursuance of an undertaking of his in the memorandum, and any premium on the shares, must be paid up in cash.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/584 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-584
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.