In its dealings with individuals other than the members, the cooperative with a board of directors shall be committed even by the acts of the board of directors which are not in line with the corporate object, unless it proves that they knew that the act exceeded such purpose or that they could not ignore it in light of the circumstances, being excluded that the mere act of publishing the articles is sufficient to constitute such evidence.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 78
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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