C-67.2 - Cooperatives Act

Full text
176.2. Sections 154 to 163 apply to the amalgamation, with the necessary modifications, except paragraphs 4, 5, 5.1 and 6 of section 155 and the third paragraph of section 163, which apply only to the amalgamating cooperative.
In addition to the requirements set out in section 155, the agreement of amalgamation must provide for the subscription and payment by the members of the legal person of shares of the cooperative resulting from the amalgamation.
2003, c. 18, s. 90.