Unless there is unanimous consent of the members, the assignment of all or part of the assets of the cooperative under liquidation to an individual who was once a member of the management committee or the board of directors may take place only with the authorization of the competent court.
In all cases, such assignment may only intervene with the respect to commitments made by the cooperative for its shareholders.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 51
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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