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DOI: 10.33226/0137-5490.2025.2.4
JEL: K15, K20

Granting consent by general meeting of a cooperative to conclude sale agreement of company shares owned by a cooperative

The few legal actions for which the cooperative's management board must obtain the approval of another body of the cooperative – its general meeting – include adopting resolutions on joining and leaving other economic organizations. It is not clear whether this category of activities also includes concluding agreements regarding the purchase or sale of shares in capital companies due to the provisions of Art. 38 § 1 point 6 of the Cooperative Law Act, an ambiguous concept of "economic organization". The article attempts to outline the framework of this concept using linguistic and systemic interpretation methods, as well as its reference to capital companies.

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Keywords: cooperative; shares; sale agreement; general meeting

References

Bibliografia/References

 

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