The ordinary general meeting shall take all decisions other than those expressly stipulated in
Article 366 herein for extraordinary general meetings.
It shall be competent to:
- decide on the summary financial statements;
- decide on the distribution of earnings;
- appoint members of the board of directors and possibly auditors;
- approve or reject agreements entered into between officers and the cooperative with a board of directors;
- authorize issuance of shares when the articles so provide;
- Appoint members of the supervisory board.
Sub-section 2: Meeting, quorum and majority
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 89
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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