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Part 2 · Special provisions  ›  Division 3 · Change of the legal form of registered cooperative societies › Section 260

Preparations for the general assembly

(1) The management board of the cooperative society changing its legal form is to give advance notice in text form to all of the members, at the latest together with the invitation convening the general assembly that is to adopt a resolution on change of legal form, apprising them that a change of legal form will be the subject matter of a resolution to be adopted. The advance notice is to set out the majority ratios required by section 262 (1) for the resolution to be adopted, while also indicating the option to raise an objection and the rights resulting therefrom.

(2) Section 230 (2) and section 231 sentence 1 are to be applied accordingly to the preparations for the general assembly. Section 192 (2) remains unaffected.

(3) Besides the documents usually required for this purpose, the audit opinion submitted pursuant to section 259 is to be kept on display for inspection by the members at the business premises of the cooperative society changing its legal form from the time of the general assembly having been convened that is to adopt a resolution on change of legal form. Upon a corresponding demand being made, each member is to be provided with a copy of said audit opinion without undue delay and at no charge. The obligations pursuant to sentences 1 and 2 lapse if the audit opinion is accessible, for the same period of time, on the website of the cooperative society.

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