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Agrarian law. Powers of the general meeting of the cooperative (the most important)

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25. Powers of the general meeting of the cooperative

Powers of the general meeting of the cooperative Art. 20 FZ "About agricultural cooperation". The general meeting of members of the cooperative is the supreme governing body of the cooperative and is authorized to resolve any issues related to the activities of the cooperative, including canceling or confirming the decisions of the board of the cooperative and the supervisory board of the cooperative.

The exclusive competence of the general meeting of members of the cooperative includes consideration and decision-making on the following issues:

1) approval of the charter of the cooperative, introduction of amendments and additions to it;

2) election of members of the management board of the cooperative and members of the supervisory board of the cooperative, hearing reports on their activities and termination of their powers;

3) approval of cooperative development programs, annual report and balance sheet;

4) establishing the amount of share contributions and other payments and the procedure for their payment by members of the cooperative;

5) the procedure for distributing profits (income) and losses among the members of the cooperative;

6) alienation of land and fixed assets of the cooperative, their acquisition;

7) determination of the types and sizes of the funds of the cooperative, as well as the conditions for their formation;

8) entry of a cooperative into other cooperatives, business partnerships and companies, unions, associations, as well as withdrawal from them;

9) the procedure for granting loans to members of the cooperative and establishing the amount of these loans;

10) creation and liquidation of representative offices and branches of the cooperative;

11) reorganization and liquidation of the cooperative;

12) admission and expulsion of members of a cooperative (for a production cooperative), other issues assigned by the Federal Law "On Agricultural Cooperation" to the exclusive competence of the general meeting of members of the cooperative.

In accordance with the general principles of cooperation, each member of the cooperative, regardless of the size of the share contribution, has one vote.

In order for the decision of the general meeting of the cooperative to come into force, the general meeting must comply with the normatively established procedure for making decisions. The main rules governing this procedure are contained in Art. 24 of the Federal Law "On agricultural cooperation", etc.

A decision on an issue that falls within the exclusive competence of the general meeting of members of the cooperative is considered adopted if at least two-thirds of the votes of the number of members present at the general meeting of the cooperative voted for it.

Author: Zavrazhnykh M.L.

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