C-67.2 - Cooperatives Act

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232. To be a member of a federation, a cooperative must
(1)  pursue objects similar or related to those pursued by the other members of the federation;
(2)  apply for membership, except in the case of a founding cooperative;
(3)  agree to respect the by-laws;
(4)  subscribe and pay for the required qualifying shares in accordance with the by-law;
(5)  agree, if a by-law of the federation requires it, to make its purchases, sales or any other transactions through the federation;
(6)  be admitted by the board of directors, except in the case of a founding cooperative.
1982, c. 26, s. 232; 1995, c. 67, s. 144.
232. To be a member of a federation, a cooperative must
(1)  pursue objects similar or related to those pursued by the other members of the federation;
(2)  apply for membership, except in the case of a founding cooperative;
(3)  agree to respect the by-laws;
(4)  subscribe and pay the number of shares provided for by by-law;
(5)  agree, if a by-law of the federation requires it, to make its purchases, sales or any other transactions through the federation;
(6)  be admitted by the board of directors, except in the case of a founding cooperative.
1982, c. 26, s. 232.