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Memorandum Of Society

Memorandum Of Society Template for Malaysia

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Key Requirements PROMPT example:

Memorandum Of Society

"I need a Memorandum of Society for establishing an educational research society in Kuala Lumpur, Malaysia, planned to launch in March 2025, with provisions for international collaborations and multiple membership tiers."

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Document background
The Memorandum of Society is a crucial legal document required when establishing a society in Malaysia. It must comply with the Companies Act 2016 and Societies Act 1966, serving as the foundation for the society's legal existence and operations. This document is necessary when founding any formal society, whether for charitable, educational, religious, professional, or social purposes. The Memorandum outlines essential aspects such as the society's name, objectives, registered address, membership structure, and governance framework. It provides legal protection to members and officers while ensuring regulatory compliance within the Malaysian legal system. The document must be filed with the Registrar of Societies and becomes a matter of public record, binding all current and future members to its provisions.
Suggested Sections

1. Name Clause: States the official name of the society

2. Registered Office: Specifies the registered address of the society in Malaysia

3. Objects Clause: Details the primary purposes and objectives of the society

4. Limited Liability: Declaration that members' liability is limited (if applicable)

5. Membership: Defines categories of membership and qualification criteria

6. Capital Structure: Details of the society's capital structure if applicable

7. Governing Body: Structure and composition of the managing committee or board

8. General Meetings: Rules and procedures for conducting general meetings

9. Financial Provisions: Rules regarding financial management and accounting

10. Dissolution: Procedures and rules for dissolving the society

Optional Sections

1. Religious Activities: Special provisions for religious societies, including compliance with religious laws

2. Educational Functions: Specific provisions for societies focused on educational purposes

3. Investment Powers: Detailed provisions about investment capabilities and limitations

4. International Operations: Provisions for societies operating internationally

5. Charitable Status: Special provisions required for societies seeking charitable status

6. Branch Establishments: Rules for establishing and managing society branches

Suggested Schedules

1. Schedule 1: Membership Categories: Detailed breakdown of membership types, fees, and rights

2. Schedule 2: Election Procedures: Detailed procedures for electing governing body members

3. Schedule 3: Meeting Procedures: Specific rules and procedures for different types of meetings

4. Schedule 4: Financial Rules: Detailed financial management procedures and controls

5. Schedule 5: Code of Conduct: Detailed code of conduct for members and officials

6. Appendix A: Forms: Standard forms for society operations (membership application, etc.)

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































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Relevant Industries

Non-Profit

Education

Religious Organizations

Healthcare

Sports and Recreation

Arts and Culture

Professional Associations

Charitable Organizations

Social Services

Environmental Conservation

Research and Development

Community Development

Relevant Teams

Legal

Compliance

Corporate Secretarial

Executive Leadership

Administration

Governance

Risk Management

Operations

Finance

Relevant Roles

Legal Counsel

Company Secretary

Compliance Officer

Society President

Board Member

Executive Director

Chief Executive Officer

Administrative Officer

Governance Manager

Risk Manager

Operations Director

Society Treasurer

Membership Coordinator

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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