The articles may provide that in case of death of a member, the admission of one or several heirs or
a successor of the latter to the cooperative, provided that they share the common bond. The articles
shall prescribe the terms for admission.
Admission or refusal of admission shall be made within a period which may not exceed three
months from the receipt of the request. Failing to respond within the time limit, the admission
shall be deemed granted.
The decision of admission or rejection shall be notified to each heir or successor concerned in
writing.
Sub-section 2: Unseizability and pledging ofshares
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 66