24. At the meeting, the founders must
(1) pass the by-laws of internal management and the general loan by-laws;
(2) elect the members of the board of directors;
(3) subscribe for common shares in accordance with the by-laws;
(4) appoint an auditor.
In addition, they may pass any other by-law or measure relating to the affairs of the cooperative and, as the case may be, apply for the affiliation of the cooperative to a federation.