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C-67.2 - Cooperatives Act

Section 259.2
Disposition versions

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259.2. The by-law must be adopted by two-thirds of the votes cast by the members or representatives present at the special meeting.
The by-law must authorize
(1)  one of the directors to sign the articles of continuance required under the Business Corporations Act (chapter S-31.1) if the cooperative is to continue as a business corporation governed by that Act; or
(2)  no fewer than three directors to sign the application required under Part III of the Companies Act (chapter C-38) if the cooperative is to continue as a legal person governed by that Part.
2009, c. 52, s. 578.
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