The merger or dissolution shall take effect:
1) In case of creation of one or more new cooperatives, on the date of registration at the
Register of Cooperatives of the new cooperative or of the last of them; each new
cooperative shall be formed in accordance with the rules governing the adopted form of
the cooperative;
2) In other cases, at the date of the last general meeting that approved the transactionunless
the agreement referred to in the foregoing article provides that the transaction takes
effect at another date, which shall not be later than the date of the close of the current
financial year of the beneficiary cooperative (s) or prior to the closing date of the last
ending financial year of the cooperative (s) that assign (s) its/their assets.
P. 55 of 110
Title7:Dissolution - Liquidation of acooperative
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 54