Canada Cooperatives Act

Contents

2,719 provisions, too many to show on one page. Open a part or section to read it with its history and connections, or search inside the text.

1. WHEREAS cooperatives in Canada carry on business in accordance with internationally recognized cooperative principles; WHEREAS cooperatives work for the social
2. Short Title
   1. 1 Short title
3. Part 1 · Interpretation and Application
   1. Interpretation
   2. Purpose and Application
   3. Share Ownership
   4. Cooperative Basis
4. Part 2 · Incorporation, Structure and Organization
   1. Incorporators
   2. Capital Structure
   3. Application for Incorporation
   4. Articles of Incorporation
   5. Incorporation
   6. By-laws
   7. Cooperative Basis
   8. Pre-incorporation Contracts
   9. Name
5. Part 3 · Capacity and Powers
   1. 26 Legal capacity
   2. 27 Powers outside the jurisdiction
   3. 28 Assertions
   4. 29 No personal liability
6. Part 4 · Registered Office and Records
   1. Registered Office
   2. Records
   3. Lists
   4. Corporate Seal
7. Part 5 · Membership
   1. Conditions for Membership
   2. Withdrawal from Membership
   3. Termination of Membership
   4. Limitation
   5. Termination of Membership by Members
   6. Other Terminations
8. Part 6 · Corporate Governance
   1. Meetings
   2. Proposals
   3. Lists
   4. Procedure
   5. Requisitions
   6. Other Methods of Calling Meetings
   7. By-laws
9. Part 7 · Directors and Officers
   1. General Provisions
   2. Liability
   3. Conflict of Interests
   4. Officers
10. Part 8 · Capital Structure
    1. Membership Capital
    2. Certificates
    3. Investment Shares
    4. Constraints
    5. Corporate Finance
    6. Marketing
11. Part 9 · Proxies
    1. 163 Interpretation
    2. 164 Appointing proxyholder
    3. 165 Mandatory solicitation
    4. 166 Soliciting proxies
    5. 167 Exemption
    6. 168 Attendance at meeting
    7. 169 Duty of intermediary
    8. 170 Restraining order
12. Part 10 · Insider Trading
    1. 171 Interpretation
    2. 172 Prohibition of short sale
    3. 173 Definition of insider
13. Part 11 · Compulsory Acquisition
    1. 174 Definitions
    2. 175 Right to acquire
    3. 176 Distributing cooperative
14. Part 12 · Security Certificates, Registers and Transfers
    1. Interpretation
    2. Application
    3. Security Certificates
    4. Registers
    5. Proceedings
    6. Delivery
    7. General
15. Part 13 · Financial Disclosure
    1. 247 Annual financial statements to members
    2. 248 Application for exemption
    3. 249 Consolidated statements
    4. 250 Approval of financial statements
    5. 251 Copies to shareholders
    6. 252 Copies to Director
    7. 253 Qualifications of auditor
    8. 254 Appointment of auditor
    9. 255 Dispensing with auditor
    10. 256 Ceasing to hold office
    11. 257 Removal of auditor
    12. 258 Filling vacancy
    13. 259 Court appointed auditor
    14. 260 Right to attend meeting
    15. 261 Examination
    16. 262 Right to information
    17. 263 Audit committee
    18. 264 Notice of error
    19. 265 Qualified privilege
16. Part 14 · Trust Indentures
    1. Interpretation
    2. Application
    3. General
17. Part 15 · Receivers, Receiver-managers and Sequestrators
    1. 278 Functions of receiver or sequestrator
    2. 279 Functions of receiver-manager
    3. 280 Directors’ powers cease
    4. 281 Appointment by court
    5. 282 Directions given by court
    6. 283 Required action
18. Part 16 · Fundamental Changes
    1. 284 Definition of common share
    2. 285 Continuance
    3. 286 Continuance — other federal acts
    4. 287 Export
    5. 288 Shareholders right to vote
    6. 289 Amendment of articles
    7. 290 Proposal to amend
    8. 291 Delivery of articles
    9. 292 Certificate of amendment
    10. 293 Effect of certificate
    11. 294 Restated articles
    12. 295 Amalgamation
    13. 296 Amalgamation agreement
    14. 297 Approval
    15. 298 Vertical short-form amalgamation
    16. 299 Sending of articles
    17. 300 Effect of certificate
    18. 301 Extraordinary disposition
    19. 302 Right to dissent
    20. 303 Reorganization
    21. 304 Definition of arrangement
    22. 305 Certificate of arrangement
19. Part 17 · Liquidation and Dissolution
    1. 306 Definition of court
    2. 307 Application of Part
    3. 308 Revival
    4. 309 Dissolution if no property and no liability
    5. 310 Proposing liquidation and dissolution
    6. 311 Dissolution by Director
    7. 312 Grounds for dissolution
    8. 313 Further grounds
    9. 314 Application for supervision
    10. 315 Application to court
    11. 316 Powers of court
    12. 317 Effect of order
    13. 318 Cessation of business and powers
    14. 319 Appointment of liquidator
    15. 320 Duties of liquidator
    16. 321 Powers of liquidator
    17. 322 Costs of liquidation
    18. 323 Right to distribution in money
    19. 324 Powers of court
    20. 325 Custody of documents
    21. 326 Heirs and representatives
    22. 327 Unknown claimants
    23. 328 Vesting in Crown
20. Part 18 · Investigations
    1. 329 Investigation
    2. 330 Powers of court
    3. 331 Powers of inspector
    4. 332 Hearing in private
    5. 333 Incriminating statements
    6. 334 Absolute privilege — defamation
    7. 335 Membership shares included
    8. 336 Solicitor-client privilege or professional secrecy
    9. 337 Inquiries
21. Part 18.1 · Apportioning Award of Damages
    1. Interpretation and Application
    2. Apportionment of Damages
    3. Joint and Several, or Solidary, Liability
22. Part 19 · Remedies, Offences and Punishment
    1. 338 Definitions
    2. 339 Commencement of derivative action
    3. 340 Application to court re oppression
    4. 341 Evidence of member or shareholder approval not decisive
    5. 342 Application to court to rectify records
    6. 343 Application for directions
    7. 344 Notice of refusal by Director
    8. 345 Appeal from Director’s decision
    9. 346 Restraining or compliance order
    10. 347 Summary application to court
    11. 348 Appeal of final order
    12. 349 Offences with respect to this Act
    13. 350 Order to comply
    14. 351 Alternative resolution
23. Part 20 · Additional Provisions Respecting Non-profit Housing Cooperatives
    1. 352 Application
    2. 353 Requirement of articles
    3. 354 Special limitations
    4. 355 By-laws
    5. 356 Member occupancy rights
    6. 357 Non-profit requirements
    7. 358 Resolution if proposed fundamental change
24. Part 21 · Additional Provisions Respecting Worker Cooperatives
    1. 359 Definition of worker cooperative
    2. 360 By-laws
    3. 361 Name
25. Part 21.1 · Documents in Electronic or Other Form
    1. 361.1 Definitions
    2. 361.2 Application
    3. 361.3 Use not mandatory
    4. 361.4 Creation and provision of information
    5. 361.5 Creation of information in writing
    6. 361.6 Statutory declarations and affidavits
    7. 361.7 Signatures
26. Part 22 · General
    1. Notices
    2. Certificates
    3. Notices and Documents
    4. Appointment of Director
    5. Regulations
    6. Statements
    7. Records
27. Part 23 · Continuance
    1. 379 Continuance under this Act
28. Part 24 · Consequential Amendments, Repeal and Coming into Force
    1. Consequential Amendments
    2. Repeal
    3. Coming into Force
29. Related provisions
30. Amendments not in force