law: Co-Operative Societies Act 2008 
  91.
  
  Share capital
  1.      A society shall
  
  express its share capital in its by-laws as—
  a.     
  
    an
  
  amount of money divided into a specified number of shares set out in the
  
  by-laws; or
  b.    
  
    an
  
  amount comprising an unlimited number of shares with a specified par value.
  2.      This section does not
  
  apply to credit unions.