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Cooperatives Act 1991 (No. 236 of 1991).

Country/Territory
Bulgaria
Document type
Legislation
Date
1991 (1996)
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Basic legislation
Geographical area
Black Sea, Eastern Europe, Europe, Europe and Central Asia, European Union Countries
Abstract

The Law contains 67 articles, additional stipulations and interim and concluding provisions, divided into 5 Chapters: General Stipulations (1), the Cooperative (2), Intercooperative enterprise (3), Cooperative associations (4), Court supervision (5). The Law defines a cooperative as a voluntary association of physical persons with variable capital and a variable number of members who, through mutual aid and cooperation, engage in economic and other activities in pursuit of their interests (art. 1).

Full text
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