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FIN-2001-L-62984
Breadcrumb
Title_of_text
Co-operatives Act (1488/2001).
Main Region
First Region
Country(ies)
Finland
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
2001-12-28
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Original title
Osuuskuntalaki
Abstract/Citation
Chapter 1 contains general provisions (scope, definitions, liability of members). Chapter 2 provides for incorporation and rules (registration, etc.) and Chapter 3 deals with membership (minimum number of members, membership register, right to resign, decision to expel). Chapter 4 contains provisions on general meetings and Chapter 5 on management. Chapter 6 deals with accounts, Chapter 7 with audits, Chapter 8 with use of assets and funds. Chapters 9, 10, 11 and 12 deal with shares. Chapter 13 provides for rules regarding capital loans. Chapter 14 concerns extraordinary payments, Chapter 15 liability of refinancing, Chapter 16 mergers, Chapter 17 division of a co-operation and Chapter 18 reincorporation. Chapter 19 provides for liquidation, dissolution, deregistration, restructuring and bankruptcy and Chapter 20 for rules of liability. Chapter 21 makes provisions for savings funds operations and Chapter 22 provides for penal provisions. Unofficial translation (Ministry of Labour, 2002) available in English.
Amending Text region
Amending text(s)
2002-11-01 (FIN-2002-L-62985)
Act (No. 890 of 2002) to amend the Co-operatives Act (No. 1488 of 2001).
Amending text(s)
2002-11-01 (FIN-2002-L-62985)
Act (No. 890 of 2002) to amend the Co-operatives Act (No. 1488 of 2001).
Electronic region
Electronic source title
Unofficial English translation
Author
Ministry of Justice
Publisher
Finlex
Country
Finland
URL
http://www.finlex.fi/en/laki/kaannokset/2001/en20011488.pdf
Page range
96 p.
File
FIN62984 English.pdf (PDF)
Electronic source title
Acts on-line in Finnish and Swedish
Author
FINLEX
Publisher
Ministry of Justice
Country
Finland
URL
http://www.finlex.fi/
File
FIN62984 Finnish.pdf (PDF)