Amendment Of The Constitution Of An Incorporated Trustee
NGN 48,000.0
7 days
Corporate Amendment
Description
Information about the compliance service
A Constitution for Incorporated Trustees is a comprehensive set of rules and regulations governing the internal affairs and operational framework of an organization. The Association may alter the provision of its Constitution during a General meeting, by a resolution passed by a simple majority of its members and approved by the Commission.
Requirements
Info and documents needed for this service
- Extracts of general meeting minutes signed by the chairman, secretary, or recorded trustee, clearly stating the reason for constitution alteration, listing members present, and detailing proposed changes.
- Publication of notices in 2 daily newspapers circulating in the area where association is situated (one of which must be national newspaper)
- Minimum size of publication shall be 8cm x 2 or 3”x2 and must state details of the alteration.
- The publication must invite objections to the constitution alteration and specify a 28-day period for submitting such objections to the Commission.
- Any objection must explicitly state the grounds upon which it is made.
- Copy of the public notice as published in the newspapers must be displayed at the headquarters, branches, and other locations where a majority of members are likely to see it for 28 days.
- Copy of the constitution reflecting the approved alteration.
Process
Steps involved in this compliance service
- Login to the CAC portal.
- Fill the necessary forms.
- Pay fees.
FAQs
Frequently asked questions about this service
1. Is it possible for an incorporated trustee to amend it's constitution after registration?
Yes, an incorporated trustee's constitution can be altered or amended after incorporation
Yes, an incorporated trustee's constitution can be altered or amended after incorporation