123.139.1. A cooperative that is liable to be dissolved under section 188 of the Cooperatives Act (chapter C-67.2) or a cooperative syndicate governed by the Cooperative Syndicates Act (chapter S-38) may, if the Minister responsible for the administration of the Cooperatives Act has approved under section 259 of the said Act its plan of continuance, be converted into a company so as to enable it to continue under this Part.
1982, c. 26, s. 293; 1982, c. 52, s. 128.