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The second of the Rochdale Principles states that co-operative societies must have democratic member control. According to the ICA's Statement on the Co-operative Identity, "Co-operatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions.
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The act renamed industrial and provident societies as co-operative or community benefit societies. The act effectively implemented the renaming provisions first enacted in the Co-operative and Community Benefit Societies and Credit Unions Act 2010 and coincided with a number of other changes foreshadowed by the 2010 act, such as the application of the Company Directors Disqualification Act ...
At the outset, the Pioneers had a clear set of objects, as set out in "Law the First" of its rules: The objects and plans of the Society are to form arrangements for the pecuniary benefit, and improvement of the social and domestic condition of its members, by raising a sufficient amount of capital in shares of £1 each, to bring into operation the following plans and arrangements:
In 1868, the California Legislature authorized the first of many ad hoc Code Commissions to begin the process of codifying California law. Each Code Commission was a one- or two-year temporary agency which either closed at the end of the authorized period or was reauthorized and rolled over into the next period; thus, in some years there was no ...
by at least five natural and legal persons resident in, or governed by the law of, at least two member states; by conversion of a single EEA co-operative, if it has had an establishment or subsidiary in a different member state for at least two years. by two or more legal persons governed by the law of at least two member states;
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The Cooperative Marketing Act of 1926 44 Stat. 802 (1926) was a piece of agricultural legislation passed in the United States which expanded upon the Capper–Volstead Act of 1922. [1] It allowed farmers to exchange “past, present, and prospective crop, market, statistical, economic, and other similar information” at their local cooperative ...