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    Home»News»What cases terminate the status of full members of the cooperative?

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    What cases terminate the status of full members of the cooperative?

    01/08/2023 - 09:24

    What cases terminate the status of full members of the cooperative?

    Based on Article 33 of the 2023 Cooperative Law, the termination of cooperative membership is regulated as follows:

    - Members who have passed away or have been declared deceased by the court, missing, restricted or incapacitated in civil conduct, facing difficulties in cognition and behavior control;

     

    - Members are organizations that cease to exist, dissolve, or go bankrupt;

     

    - The cooperative ceases to exist, dissolve, or go bankrupt;

     

    - Members voluntarily leave the cooperative;

     

    - Members are expelled according to the regulations of the Charter;

     

    - Members who do not use products or services or do not contribute labor continuously as stipulated in the Charter;

     

    - At the time of committing to contribute sufficient capital, members do not contribute capital or contribute capital lower than the minimum capital contribution stipulated in the Charter.

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