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Cooperative Societies Act.

Country/Territory
Germany
Document type
Legislation
Date
1889 (2016)
Source
FAO, FAOLEX
Long title
Act on purchasing and trading cooperatives.
Subject
Agricultural & rural development
Keyword
Basic legislation Cooperative/producer organization Agricultural development Consumer protection Business/industry/corporations Liability/compensation
Geographical area
Alps, Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Western Europe
Abstract

A basic piece of law on formation and management of cooperative societies in Germany. In particular, article 1 lists types of registered cooperative societies as follows: 1) loan and credit associations; 2) commodity associations; 3) associations established for the joint sale of agricultural or industrial products (marketing cooperatives, warehousing associations); 4) associations established for the production of goods and the sale thereof on joint account (producers' cooperatives); 5) associations established for the joint purchase of victuals or commodities on a large and discounting on a small scale (consumer cooperatives); 6) associations established for procuring objects for agricultural or industrial purposes and use thereof on joint account; 7) associations established for the purpose of building houses, acquire the right of a "registered cooperative society" according to this Act.

Full text
German
Website
www.bmj.de