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C-67.2 - Cooperatives Act

Section 149
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149. Only the proportion of the operating surplus or surplus earnings equal to the proportion of business done by the members or the auxiliary members, as the case may be, with the cooperative or with a business corporation or partnership in which the cooperative holds shares or other securities, may be allotted to members and auxiliary members. Such operating surplus or surplus earnings shall be allotted in the form of rebates.
1982, c. 26, s. 149; 1995, c. 67, s. 92; 2009, c. 52, s. 559.
149. Only the proportion of the operating surplus or surplus earnings equal to the proportion of business done by the members or the auxiliary members, as the case may be, with the cooperative or with a company or partnership in which the cooperative holds shares or other securities, may be allotted to members and auxiliary members. Such operating surplus or surplus earnings shall be allotted in the form of rebates.
1982, c. 26, s. 149; 1995, c. 67, s. 92.
149. Only those operating surpluses or surplus earnings resulting from transactions carried on with the members, or the auxiliary members where such is the case, may be allotted to the members and auxiliary members, and they are allotted as rebates.
1982, c. 26, s. 149.
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