Alteration of the statutes

(1) An alteration of the statutes, or the continuation of a cooperative limited to a particular period, may be resolved only by the general meeting.
(2) The following alterations of the statutes require a majority comprising at least three-quarters of the votes cast:
1. alteration of the object of the undertaking,
2. increase of the share,
3. introduction or extension of a mandatory participation with several shares,
4. introduction or extension of the members' obligation to make additional contributions,
5. extension of the notice period to a period longer than two years,
6. introduction or extension of the participation of withdrawing members in the results reserve under section 73(3),
7. introduction or extension of plural voting rights,
8. division of shares,
9. introduction or increase of a minimum capital,
10. restriction of the member's claim under section 73(2), second sentence and (4) to payment of the settlement credit,
11. introduction of the possibility under section 8(2), first and second sentences of admitting investing members. The statutes may determine a larger majority and further requirements.
(3) An alteration of the statutes by which an obligation of members to make use of facilities or other benefits of the cooperative, or to render things or services, is introduced or extended, requires a majority comprising at least nine-tenths of the votes cast. An alteration of the statutes by which an obligation of members to pay recurring contributions for benefits that the cooperative renders to, or makes available to, the members is introduced or extended, requires a majority of at least three-quarters of the votes cast. The statutes may determine a larger majority and further requirements.
(4) Other alterations of the statutes require a majority comprising at least three-quarters of the votes cast, unless the statutes impose other requirements.
(5) To the application for registration and the registration of the resolution, the provisions of section 11 apply correspondingly, with the proviso that only a copy of the resolution need be attached to the application. The full wording of the statutes must be attached to the application; it must bear the declaration of the management board that the amended provisions of the statutes correspond to the resolution on the alteration of the statutes, and that the unchanged provisions correspond to the full wording of the statutes last submitted to the register. Where, on earlier alterations of the statutes, the full wording of the statutes has not previously been submitted, the management board must declare that the wording of the statutes submitted corresponds to the full wording of the statutes last submitted to the register and all alterations resolved since then.
(6) The resolution has no legal effect before it is entered in the register of cooperatives of the seat of the cooperative.