Suitable for a co-operative that provides services to its own members.
Members may be individuals or organisations and are generally referred to as ‘users’.
Model Key Features
- Governing Act: Co-operative and Community Benefit Societies Act 2014.
- Members may hold more than one share in the co-operative, but voting is limited to one member, one vote.
- Board composition: elected Board.
- Options to include a common ownership or co-ownership dissolution provision.
Download the model here.