quote:Originally posted by Gareth Marklew:I don't think it -can- just fold.The Trust is a legal entity in its own right, which means it can only be dissolved either in accordance with its rules, or by means of the usual process for winding up of such bodies in the case of insolvency.To be dissolved would require either the consent of three quarters of the membership, or action by the Financial Services Authority, either of which would no doubt involve some sort of formal notice to members being served - likewise, if the Trust was insolvent there would be procedures to follow before it could be wound up. It can't just cease to be.Gareth
quote:Originally posted by jurgenpie:Stll nothing heard, also are the board getting perks of sitting in the directors box? I seem to remember when I was on the board and a member of the supporter's club coach committee gave me a free Torquay away ticket, I had to pay the money back and was told off for accepting it, although I never signed any sort of agreement, so I hope you are paying for the privilege and as a defunct board why are you still assuming the role and ignoring its members.
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