# Insolvency Act 1986, Section 250: “Member” of a company.


For the purposes of any provision in this Group of Parts, a person who is not a member of a company but to whom shares in the company have been transferred, or transmitted by operation of law, is to be regarded as a member of the company, and references to a member or members are to be read accordingly.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/250 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-250
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.