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Canada Cooperatives Act

Version of section 12 from 2018-05-01 to 2024-05-28:


Marginal note:Issuance of certificate of incorporation

  •  (1) The Director must issue a certificate of incorporation for a cooperative if the Director is satisfied that

    • (a) the articles are in accordance with section 11 and, if applicable, section 353 and subsection 359(2);

    • (b) the cooperative will be organized and operated and will carry on business on a cooperative basis;

    • (c) the cooperative will comply with Part 20 or 21, if applicable; and

    • (d) a notice that is required to be given under subsection 30(2) or 81(1) indicates that the cooperative, if it came into existence, would be in compliance with the Act.

  • Marginal note:Reliance on articles

    (2) For the purposes of paragraphs (1)(b) and (c), the Director may rely on the articles required by section 10.

  • 1998, c. 1, s. 12
  • 2001, c. 14, s. 140
  • 2018, c. 8, s. 51

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