BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020

Section 10: Shareholder’s Voting Rights to be Proportional to Shareholding.

2020Section 10 of 132Federal Republic of Nigeria

Notwithstanding the provisions of the Companies and Allied Matters Act or any agreement or contract, the voting rights of every shareholder in a bank shall be proportional to individual contributions to the paid-up share capital of the bank.
(CAMA, Act No. 3, 2020)

Cite this section

Section 10, BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020 (2020).

https://repo.podus.ai/laws/banks-and-other-financial-institutions-act-2020/section/10/