Being a member of 3CLJC is primarily about being part of a busy and exciting Liberal Jewish community. But there are some important facts you need to know about 3CLJC membership.
In order to protect our volunteers, 3CLJC is a Company Limited by Guarantee,. This means we have ‘Members’ rather than shareholders and that the day-to-day management is carried out by Directors/Trustees (members of Council).
As a Member of 3CLJC you are entitled to:
- Attend and vote at Annual General Meetings and Extraordinary General Meetings (when necessary), for which you will be given at least three weeks’ notice of time and location.
- Elect the Directors (members of Council),
- Receive the Annual Accounts and minutes of General Meetings.
- Vote on fundamental changes to the nature of 3CLJC.
Being a Company Limited by Guarantee
The main reason for being a Company Limited by Guarantee is to protect Members and Directors from excessive financial liability. Instead, each Member would be liable for a maximum of £1 if 3CLJC is wound up or declared insolvent. This is the maximum liability unless you have done something for which you could be held liable irrespective of 3CLJC’s existence.
In addition, members are not entitled to receive any dividend or other income from 3CLJC. If 3CLJC makes a profit, this will be retained to pay for future activities. If 3CLJC is wound up, any remaining money will be donated to another similar organisation.
Constitution, Memorandum and Articles
3CLJC has a Constitution, which is made up of the Memorandum and the Articles. The Memorandum sets out what the company can do and why it exists. The Articles deal with the holding of meetings, the admission of Members, the election of directors and other aspects of the day-to-day management. The Constitution can be read on the Companies House website.