7. A minimum of five founders is required to request the constitution of a cooperative. The request is made by means of an application for constitution addressed to the Minister.
The founders must have common needs that can be met by the cooperative and be capable of actually being users of the services the cooperative provides, and they must meet the requirements of paragraph 1 of section 4.
1982, c. 26, s. 7; 1995, c. 67, s. 171; 2003, c. 18, s. 5; 2015, c. 3, s. 1.