Canada Cooperatives Act
8 (1) An application for incorporation of a cooperative may be made by a minimum of three persons, or by one or more cooperative entities, who intend to be members of the cooperative.
Marginal note:Persons who may not be incorporators
(2) A person may not make an application under subsection (1) if the person is
(a) an individual who is less than eighteen years of age;
(b) an individual who is of unsound mind and has been so found by a court in Canada or elsewhere; or
(c) an individual or body corporate that has the status of bankrupt.
- 1998, c. 1, s. 8
- 2001, c. 14, s. 139
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