SECTION 15

The member whose membership has been terminated by the board of directors or the management committee’s resolution may appeal to the general meeting for the annulment of such resolution. The effect of the special decision of the board of directors or the management committee shall be suspended until a special resolution is passed by the general meeting. The general meeting shall rule on the special resolution appeal either by cancelling or confirming the termination under the conditions set forth in the Articles of Association. The termination decided by the general meeting shall, in all cases, be made without prejudice to the right of appeal of the common law available to the member against the termination decision. Paragraph 3: Social rights of the terminated member and current undertakings The cooperative shall reimburse the member all sums due under the same conditions as the member who withdraws. However, the termination of a member does not relieve him of his debts or obligations to the cooperative or a running contract therewith. Furthermore, the cooperative shall not be obligated to pay to the member before the maturity of the balance of any fixed-term loan that has been consented and which is not due.