[Osmf-talk] Treasurer's report for 2017 AGM

Russ Garrett russ at garrett.co.uk
Fri Dec 8 21:57:01 UTC 2017

On 8 December 2017 at 21:35, Christoph Hormann <chris_hormann at gmx.de> wrote:
> Maybe someone who knows this better can shed some light on
> it - since the members are formally liable i would assume the law
> contains obligations for the board to inform the members about anything
> substantially affecting the financial situations of the company in a
> timely manner.

There's no such requirement in law. The only legal requirements are
that the company prepares accounts annually. The board doesn't even
have to disclose the full accounts to members.


Russ Garrett
russ at garrett.co.uk

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