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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 20

20.(1) Subject to the provisions of this Act, the memorandum and articles
shall, when registered, bind the company and the members thereof to the same
extent as if they respectively had been signed and sealed by each member, and
contained covenants on the part of each member to observe all the provisions
of the memorandum and of the articles.

(2) All money payable by any member to the company under the memorandum or
articles shall be a debt due from him to the company.

© 1960 Crown Copyright

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