SECTION 18

The Articles of Association shall include: 1) the type of cooperative; 2) its trade name, where appropriate, its abbreviation; 3) the nature and the sector of activity that forms its corporate purpose; 4) its registered office and its duration; 5) the common bond that unites the members; 6) the full names and residence address of each founding member; 7) the specific number or the minimum or maximum numbers of its directors or members of the management committee and all provisions relating to the powers of directors or members of the management committee; 8) the specific number or the minimum or maximum numbers of the members of the supervisory board or the supervisory council and all provisions relating to the exercise of the mandates of these bodies; 9) the duration of the mandate of the management committee, the board of directors, the supervisory board and the supervisory council; 10) any restriction relating to the maximum percentage of share capital entitled for each holder; 11) a statement that the cooperative will be organized and operated and will carry on its business based on cooperative principles and the reminder of those principles; 12) the identity of cash contributors with, for each of them, the amount of their contributions, the number and value of the shares handed over in respect for each contribution; 13) the identity of in-kind contributors, the nature and assessment of contributions made by each of them, the number and value of shares handed over in respect for each contribution, the regime of goods or values provided when their value exceeds the required contributions; 14) the amount of share capital, related minimum and maximum restrictions, the par value of various categories of shares, specific conditions of their issuance or subscription; 15) provisions relating to the distribution of earnings and in particular, surpluses and reserves; 16) the type of business conducted by the cooperative; 17) the signature of the founding members or the affixing of their fingerprints; 18) the extent of transactions with non-cooperative users, while safeguarding the autonomy of the cooperative; The Articles of Association may also contain: 1) Any provisions regarding: - the maximum rate of yields that may be applied to member loans or membership shares; - the maximum remuneration rate that can be applied to members’ shares; 2) Any restriction on the commercial activities of the cooperative. Sub-section 3: Trade name