SECTION 182

Members can organize a friendly liquidation of the cooperative when the provisions of the articles so authorize. In such a case, the articles shall: - prescribe the conditions for carrying out the liquidation, including the appointment of the liquidator (s), his/their remuneration, the scope of his/their mandate, control arrangements of his/their mandate by members. - define provisions relating to the liquidation surplus, which may be allocated to other cooperatives governed by the provisions of this Uniform Act or institutions or organizations working for the promotion of the cooperative movement. - Prescribe also procedures for settlement of disputes that may arise between the parties concerned in the liquidation. Any clause stipulating that members waive their right to go to the competent court when problems cannot be dealt with according to the provisions laid down by the articles shall be deemed unenforceable.