Investment, funds and property Investment, funds and property
United Kingdom
- 46Investment of funds.
- 47Power to set up funds for purchase of Government securities on behalf of members.
- 48Loans to assured members.
- 49Loans out of separate loan fund.
- 50Loans of surplus funds to registered society or branch of different description.
- 51Power of friendly society to invest in housing association.
- 52Charitable subscriptions and contributions to other registered societies.
- 53Holding of land.
- 54Vesting of property in trustees.
- 55Power of the Public Trustee to hold securities of certain friendly societies and branches.
- 56Legal proceedings concerning property.
- 57Discharge of certain mortgages.
- 57ADischarge of certain mortgages in Northern Ireland.
- 58Devolution of property on death, resignation or removal of trustee.
- 59Priority on death, bankruptcy, etc., of officer.