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C-67.2 - Cooperatives Act

Section 263
Disposition versions

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263. The continuance of the business corporation as a cooperative must be authorized by the shareholders, in accordance with section 298 of the Business Corporations Act (chapter S-31.1).
The shareholders may then exercise the same rights as may be exercised by shareholders following the adoption of a special resolution authorizing continuance under the laws of a jurisdiction other than Québec.
1982, c. 26, s. 263; 1995, c. 67, s. 155; 2009, c. 52, s. 581.
263. The directors must adopt a by-law in order to approve the plan of continuance and authorize one among them to sign the articles of continuance and adopt the by-laws of the cooperative resulting from the continuance.
1982, c. 26, s. 263; 1995, c. 67, s. 155.
263. The directors must adopt a by-law in order to approve the plan of continuance and authorize one among them to sign the articles of continuance and adopt the by-laws of internal management and the general loan by-laws.
1982, c. 26, s. 263.
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