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C-67.2 - Cooperatives Act

Section 7
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7. A minimum of five founders is required to request the constitution of a cooperative. The request is made by means of an application for constitution addressed to the Minister.
The founders must have common needs that can be met by the cooperative and be capable of actually being users of the services the cooperative provides, and they must meet the requirements of paragraph 1 of section 4.
1982, c. 26, s. 7; 1995, c. 67, s. 171; 2003, c. 18, s. 5; 2015, c. 3, s. 1.
7. At least five founders are required to apply for the constitution of a cooperative.
The founders must have common needs that can be met by the cooperative and be capable of actually being users of the services the cooperative provides, and they must meet the requirements of paragraph 1 of section 4.
1982, c. 26, s. 7; 1995, c. 67, s. 171; 2003, c. 18, s. 5.
7. At least 12 founders are required to apply for the constitution of a cooperative; they must have a common interest as future users of the cooperative.
The Minister, if he deems it expedient, may reduce the number to not less than five.
1982, c. 26, s. 7; 1995, c. 67, s. 171.
7. At least twelve founders are required to apply for the incorporation of a cooperative; they must have a common interest as future users of the cooperative.
The Minister, if he deems it expedient, may reduce the number to not less than five.
1982, c. 26, s. 7.
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