In relations between members and in the absence of a definition of their powers in the articles, the management committee may prescribe all acts of management in the interests of the simplified cooperative.
In dealing with people other than the members, the management committee shall undertake acts that are in line with the corporate purpose of the simplified cooperative.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 60
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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