The cooperative shall be dissolved by:
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the expiry of the term for which it was registered;
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the realization or extinction of its purpose;
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the cancellation of the contract of the cooperative;
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the decision of the members under conditions laid down for the amendment of the articles;
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the early dissolution pronounced by the competent court, at the request of one or several members for just cause, particularly in the event of disagreement between shareholders preventing the normal operation of the cooperative;
- the effect of a judgment ordering the liquidation of the assets of the cooperative;
- For any other reasons stipulated in the articles.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 49
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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