During the life of the cooperative, the reduction of the number of membersbelow the number
legally authorized for the form of the cooperative concerned shall not result in the automatic
dissolution of the cooperative.
Any interested individual may petition for such dissolution to the competent court where the
situation has not been rectified within a period of one year.
The competent court may grant the cooperative a maximum period of six months to rectify the
situation; it cannot pronounce the dissolution if, on the day when it rules on the substance of the
case, such rectification is done.
Sub-section 9: Resources of the Cooperative
Paragraph 1: Equity Capital
Sub-paragraph 1: Share Capital
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 25