Title 3

in force

Cooperatives and mutual insurance societies

Civil Code — Book 2 (legal persons) (Burgerlijk Wetboek Boek 2) · Articles: 25

Section 1

General provisions

2:53 Article 2:53

The cooperative is an association established as a cooperative by notarial deed. It must, according to its articles of association, have the…

2:53a Article 2:53a

The provisions of the previous title shall, with the exception of Articles 26 paragraph 3 and 44 paragraph 2, apply to the cooperative (coöperatie)…

2:54 Article 2:54

A cooperative and a mutual insurance society shall be established by a multilateral juridical act by notarial deed.

2:54a Article 2:54a repealed

2:55 Article 2:55

Those who were members at the time of the dissolution, or ceased to be members less than one year prior thereto, shall be liable to the legal person…

2:56 Article 2:56

A cooperative or a mutual insurance society may, by way of derogation from the provisions of the preceding Article, in its articles of association…

2:57 Article 2:57 repealed

2:57a Article 2:57a repealed

2:58 Article 2:58

Annually within six months after the end of the financial year, subject to an extension of this period by a maximum of four months by the general…

2:59 Article 2:59

Cooperatives and mutual insurance societies are not authorised to make amendments by means of a resolution to the agreements entered into with their…

2:60 Article 2:60

With respect to the cooperative, it further applies that, while maintaining the freedom of withdrawal from the cooperative, conditions may be…

2:61 Article 2:61

For a cooperative which, in its articles of association, has not excluded every obligation of its members or former members to contribute to a…

2:62 Article 2:62

The following provisions shall furthermore apply to a mutual insurance society (onderlinge waarborgmaatschappij):

2:63 Article 2:63

It is prohibited for a person who is not a cooperative (coöperatie) or a mutual insurance society (onderlinge waarborgmaatschappij) to conduct…

Section 2

The supervisory board of the large cooperative and of the large mutual insurance society

2:63a Article 2:63a

In this section, a subsidiary (afhankelijke maatschappij) shall mean:

2:63b Article 2:63b

A cooperative or a mutual insurance society must, if paragraph 2 applies to it, within two months after the adoption of its annual accounts by the…

2:63c Article 2:63c

Articles 63f up to and including 63j apply to a legal person in respect of which a statement as referred to in Article 63b has been registered for a…

2:63d Article 2:63d

Articles 63f up to and including 63j shall not apply to a legal person whose activities are exclusively or almost exclusively limited to the…

2:63e Article 2:63e

A cooperative or a mutual insurance society (onderlinge waarborgmaatschappij) to which Article 63c does not apply, may, by its articles of…

2:63f Article 2:63f

The large cooperative and the large mutual insurance society shall have a supervisory board.

2:63g Article 2:63g

If all supervisory directors are missing, the works council and the board of directors may recommend persons to the general meeting for appointment…

2:63h Article 2:63h

The following may not be members of the supervisory board:

2:63i Article 2:63i

A supervisory director (commissaris) shall step down at the latest when he has been a supervisory director for four years after his last appointment…

2:63j Article 2:63j

The following decisions of the management board are subject to the approval of the supervisory board regarding:

2:63k Article 2:63k