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Yemen - Cooperatives - Law, Act

Law No. 39 of 1998 on cooperatives. -

Adoption: 1998-12-27 | YEM-1998-L-83564

This Law is composed of 8 Sections divided into 155 articles. Terms and definition (section I). Objectives; general principles; cooperative foundation provisions; cooperative membership; and kinds and functions of cooperatives; Capital and management of cooperatives (section III). Incorporation, division and liquidation of cooperatives (sect. IV). Cooperatives Union and objectives (section V). Control of the Government on cooperatives and unions (section VI). Offences and penalties (section VII). Transitional and concluding provisions (section VIII).