Cap. 442 чл. 94Bonus certificates and shares.

(1) A society may distribute any part of its net surplus among its members in the form of bonus certificates or bonus shares.

(2) A bonus certificate shall entitle the holder to claim payment of the sum for which the certificate is issued out of the society’s funds on a date specified in the certificate, being a date not earlier than five years from the day when the bonus certificate was issued. No interest or dividend shall be paid on such certificates.

(3) A bonus share may not be withdrawn or transferred before the expiration of ten years from the date of its issue unless the holder of the bonus share has ceased to be a member, in which case the sum claimed by a former member may be claimed by the same person, or his heirs, up to twelve months after the date when the person had ceased to be a member.