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C-67.2 - Cooperatives Act
Section 183
Disposition versions
183. As soon as winding-up has been accepted by the general meeting, every action and all proceedings by way of seizure in the hands of a third person, seizure before judgment or seizure in execution, or otherwise, against the property of the cooperative shall be suspended.
The costs incurred by a creditor after he has himself or by his attorney had knowledge of the winding-up, cannot be collocated against the proceeds of the property of the cooperative distributed in consequence of the winding-up.
A judge of the Superior Court of the district in which the head office of the cooperative is located may, however, on such conditions as he considers proper, authorize the institution or continuance of any proceeding.
183. As soon as winding-up has been accepted by the general meeting, every action and all proceedings by way of seizure by garnishment, seizure before judgment or seizure in execution, or otherwise, against the property of the cooperative shall be suspended.
The costs incurred by a creditor after he has himself or by his attorney had knowledge of the winding-up, cannot be collocated against the proceeds of the property of the cooperative distributed in consequence of the winding-up.
A judge of the Superior Court of the district in which the head office of the cooperative is located may, however, on such conditions as he considers proper, authorize the institution or continuance of any proceeding.
