Ordinary collective decisions shall be taken by the ordinary general meeting. Their purpose is:
1) to approve the financial statements of the preceding fiscal year;
2) to allow the management to carry out transactions prescribed in the articles as per prior
agreement of the members;
3) to appoint and replace members of the management committee;
4) to approve the agreements entered into by the simplified cooperative and members of
the management committee or one of the members;
5) In general, to rule on issues which do not entail the amendment of articles.
Ordinary collective decisions shall be taken by the majority of members present or represented of
the simplified cooperative.
Paragraph 1: Holding of the ordinary general meeting
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 71