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Law No. 19-IG on cooperation.

Country/Territory
Azerbaijan
Document type
Legislation
Date
1996
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Non-governmental entity Basic legislation
Geographical area
Asia, Caspian Sea, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, Western Asia
Entry into force notes
The Law enters into force from the date of its official publication.
Abstract

The present Law regulates legal, organizational and economic basis of setting up and functioning of cooperatives (cooperative societies) and their unions (associations). The Law consists of 9 Sections that contain 35 articles. Section 1 (arts. 1-6) lays down general provisions. Section 2 (arts. 7-9) regards institution of cooperatives. Section 3 (arts. 10-16) regards membership. Section 4 (arts. 17-20) regards administrative bodies and control. Section 5 (arts. 18-24) regards property. Section 6 (arts. 25-27) establishes the bases for the functioning of cooperative. Section 7 (arts. 28-30) regards reorganization and liquidation of cooperative. Section 8 (arts. 31-32) regards unions on cooperatives (associations). Section 9 (arts. 33-35) establishes liability for the infringement of the legislation on cooperation.

Full text
Russian