Prohibition on public deposits: companies may take member deposits only with prescribed disclosures, reserve account and security. Companies are prohibited from accepting deposits from the public except as provided by law; member deposits require a general meeting resolution and compliance with safeguards including issuance and filing of a financial circular, maintaining a deposit repayment reserve account, certifying no unresolved default or that prior defaults were remedied, and providing security or labelling deposits as unsecured when not fully secured.