Suitable for a co-operative that is owned and controlled by its employees.
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: may be governed collectively by all members or via an elected Board.
- Options to include a common ownership or co-ownership dissolution provision.
Download the model here.