Connecticut General Statutes
Chapter 599a - Worker Cooperative Corporations
Section 33-418f. - Short title: Worker Cooperative Corporations Act.

This chapter shall be known and may be cited as the “Worker Cooperative Corporations Act”.

(P.A. 84-430, S. 1, 14.)

Next >>

Structure Connecticut General Statutes

Connecticut General Statutes

Title 33 - Corporations

Chapter 599a - Worker Cooperative Corporations

Section 33-418f. - Short title: Worker Cooperative Corporations Act.

Section 33-418g. - Definitions.

Section 33-418h. - Election to be governed as a worker cooperative. Revocation of election. Corporate name.

Section 33-418i. - Membership requirements. Membership shares. Rights of members.

Section 33-418j. - Voting rights of members and shareholders. Amendments to bylaws.

Section 33-418k. - Board of directors' membership requirements.

Section 33-418l. - Apportionment of earnings and losses.

Section 33-418m. - System of internal capital accounts. Redemption of shares. Interest. Collective reserve account.

Section 33-418n. - Internal capital account cooperatives.

Section 33-418o. - Conversion of shares upon revocation of election. Consolidation or merger restricted.