C-67.2 - Cooperatives Act

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164. A cooperative may absorb one or several cooperatives if each cooperative is pursuing similar or related objects and if the number of members of each cooperative to be absorbed or the amount of business it has done for the last fiscal year does not exceed 25% of the number of members or of the amount of business for the last fiscal year, as the case may be, of the absorbing cooperative.
1982, c. 26, s. 164.