6. Persons wishing to form a cooperative association must sign in duplicate before a witness a memorandum of association in accordance with form 1.
Such memorandum must be signed by at least twelve persons, but the Minister, on the recommendation of the Conseil de la coopération, may reduce such minimum number to five.
R. S. 1964, c. 292, s. 6; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11.