The ordinary general meeting shall meet at least once a year, within six months of the close of the fiscal year, subject to the extension of this period by a court decision.
The ordinary general meeting shall validly deliberate on first convening, if half of the members of the cooperative with a board of directors are present; on the second call, the presence of at least a quarter of these shareholders is sufficient. By derogation from the provisions of the preceding paragraph, the articles of cooperatives with more than a thousand shareholders may provide for a lesser quorum.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 90
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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