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Close Corporations Act, 1984 (Act No. 69 of 1984)

Part V : Internal Relations (No. 69 of 1984)

45. No access to or constructive notice of association agreements

 

No person who is not a member of a corporation shall, except by virtue of a provision of this Act, be entitled to inspect any association agreement in respect of that corporation, and no person dealing with the corporation shall be deemed to have knowledge of any particular thereof merely because it is stated or referred to therein, whether or not the agreement is in accordance with section 44(2) kept at the registered office of the corporation.