Part 11Charitable incorporated organisations (CIOs)
CHAPTER 1General
Nature and constitution
205Nature
1
A CIO is a body corporate.
2
A CIO must have—
a
a constitution;
b
a principal office, which must be in England or in Wales;
c
one or more members.
3
The members may be—
a
not liable to contribute to the assets of the CIO if it is wound up, or
b
liable to do so up to a maximum amount each.