Rule 31 Calls

CALLS

  1. If any events specified in paragraphs 1-3 of General Rule 32 shall occur in relation to a Member or to an entered ship, then in every such case (provided that notice in writing is given to the Managers within one month after the date thereof) the Member or former Member shall be liable to pay only calls in respect of such ship for the relevant policy period on a pro rata basis, namely the proportion of such calls applicable to the period beginning at the commencement of that policy period and ending at noon on the date of the happening of such event.
  2. The Association shall remain entitled to levy calls on any former Member as though he had remained a Member but only as regards the entered ship and the association years in which it was entered.