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The Law Amending The Association Engaged In Economic Activity In The Cooperative

Original Language Title: Laki taloudellista toimintaa harjoittavan yhdistyksen muuttamisesta osuuskunnaksi

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Law amending the association of economic activities to the cooperative

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In accordance with the decision of the Parliament:

ARTICLE 1

An association listed in the association, whose activities are supported by members' finances or livelihoods, and whose services are exploited by members, and the economic association listed in the trade register may be converted into a cooperative in that order. As provided for in this Act.

ARTICLE 2

The decision to transform the Society into a cooperative shall be carried out in the order in which the statutes are laid down in its statutes or provided for by law. The operative part of the decision must be approved by the (241/2013) And the number of shares in the shares and shares for each member. (14.6.2013/430)

The decision to amend the cooperative shall then be adopted in accordance with the rules adopted by the Board of Directors, the Board of Directors and the statutory auditors.

The Protocol to be drawn up shall be the responsibility of the Cooperative Treaty. (14.6.2013/430)

ARTICLE 3 (14.6.2013/430)

Any member of the association who does not accept a decision to change a cooperative shall be entitled immediately, regardless of the rules, to withdraw from the association or the cooperative by informing the board of the association or cooperative in writing, by Within 30 days after the association has become a cooperative. Restoration of the subscription to the share and share of the share shall apply to the Cooperative Act.

§ 4 (18.9.2015/1178)

The government elected to the cooperative shall notify the trade register of the transformation of the association into a cooperative, which shall, where applicable, comply with the rules on the establishment of a cooperative in the commercial register. The notification shall be accompanied by: (17/01/2015) An auditor's certificate stating that the assets of the association are sufficient to cover debt and equity capital.

L to 17/08/2015 Article 4 enters into force on 1 January 2016. The previous wording reads:

§ 4

The government elected to the cooperative shall notify the trade register of the transformation of the association into a cooperative, which shall, where applicable, comply with the rules on the establishment of a cooperative in the commercial register. The notification shall be accompanied by an auditor's certificate issued by the Central Chamber of Commerce or Chamber of Commerce certifying that the assets of the association are sufficient to cover debt and equity capital.

§ 5

If the members of the association have been personally responsible for the association's debt, they will not be released from this responsibility as a cooperative society, unless the association's creditors have given their consent.

If the creditor has received a written notification of the association's transformation into a cooperative and the creditor's right to oppose the release of the members' liability, not within three months of the receipt of the notification The cooperative is opposed to the release, and it is considered that he has agreed to it.

ARTICLE 6

The association is converted into a cooperative when the conversion of an association is entered into the trade register. If the association is entered in the register of associations, the commercial registry authority shall issue a change of information to the authority managing the association register, which shall be registered in the register.

§ 7 (30.12.1993)

Paragraph 7 has been repealed by L 30.12.1992/1621 .

§ 8

This Act shall enter into force on 1 July 1989.

HE 220/88, Ivhms. 3/89, svk.M. 18/89

Entry into force and application of amending acts:

30.12.1992/1621:

This Act shall enter into force on 1 January 1993.

THEY 120/92 , LaVM 16/92

14.6.2013/430:

This Act shall enter into force on 1 January 2014.

THEY 185/2012 , TaVM 6/2013, EV 48/2013

18.9.2015/1178:

This Act shall enter into force on 1 January 2016.

THEY 254/2014 , TaVM 34/2014, EV 371/2014