GENERAL LOAN AND STOCK ACT

Section 20: Mode of drawing.

1916Section 20 of 41Federal Republic of Nigeria

On the day and at the hour and place so specified the Nigeria High Commission shall hold a meeting, at which the holder of any debenture may, if he thinks fit, be present, and shall then in the presence of such debenture-holders, if any, as may attend, and of a notary public, draw by lot, out of the whole number of debentures for the time being outstanding, debentures of the specified nominal amount.

Cite this section

Section 20, GENERAL LOAN AND STOCK ACT (1916).

https://repo.podus.ai/laws/general-loan-and-stock-act/section/20/