Where the contribution consists of the enjoyment of property, the contributor shall act as a guarantor for the cooperative, as a lessor for the lessee.
However, when the contribution consists of fungible goods or all other assets meant to be renewed during the life of the cooperative, the contract shall transfer ownership of the assets to the cooperative provided that it gives equal quantity, quality and value in return.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 19
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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Section 39 of the Acte uniforme relatif au droit des sociétés coopératives/akn/ohada/act/loi/2010-12-15/auscoop-2010
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