The conversion of a cooperative is the operation whereby a cooperative changes its legal form by a decision of the cooperative shareholders.
Regular conversion of a cooperative in another form of cooperative shall be governed by this Uniform Act and does not create a new legal entity. It only stems from the amendment of its articles and shall be subjected to the same conditions of form and time limit that are governed by the provisions of this Title.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 46
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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