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Pete Scott's Blog (1)

CIC & Asset Lock

Hi - We have been incorporated as a CIC since 2012. Recently we were asked whether we has an asset lock in place. I had assumed this was just an integral part of our governance. However I now feel we should perhaps have a specific entry in our constitution. It is actually quite a useful question at this time as we are hoping to get a new van & upgrade our IT and so forth. How have other CICs handled this issue?

Added by Pete Scott on March 8, 2016 at 18:27 — 2 Comments

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