Co-operative and community benefit societies can issue shares to the public to raise money to help run the society. Find out more about these 'community shares'.
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Many societies use the phrase 'community shares' to describe their share offers. These offers tend to be for shares that are withdrawable (at the discretion of the board of the society), and non-transferable.
The rules of a society will set out the terms of their own shares. These rules can be found on the Mutuals Public Register.
The phrase ‘community shares’ is not legally defined. This means different people may use it to mean different things. The Government gives more information about community shares.
If you’re issuing shares to the public, it’s important you understand the legal and regulatory requirements. Read our guidance on society shares.