A cooperative shall be composed of members who, united by common bond on the basis of
which the cooperative was created, shall take part in the activities of the cooperative and hold
sharesproportional totheir contributions and pursuant to cooperative principles.
Within the meaning of this Uniform Act, the common bond shall refer to the element or
objective criteria that members have in common and on the basis of which they gather.
It may, in particular, be related to a profession, an identity of a purpose, business or legal form.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 13