law: Co-Operative Societies Act 2008 
  Part
  
  V Financing
  90.
  
  Shares
  1.      A society may sell
  
  shares to its members only, but the shares must have a par value fixed by the
  
  by-laws.
  2.      Unless a society is
  
  required by this Act or any other enactment to limit its number of shares it
  
  shall have an unlimited number of shares.
  3.      A share in a
  
  registered society is personal property and a shareholder is entitled to an
  
  annual statement showing the number of shares that he owns.