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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 194

Special resolution of limited company making liability of directors unlimited.

194.(1) A limited company, if so authorised by its articles, may, by special
resolution, alter its memorandum so as to render unlimited the liability of
its directors or of any managing director.

(2) Upon the passing of any such special resolution the provisions thereof
shall be as valid as if they had been originally contained in the memorandum.

© 1960 Crown Copyright

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