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Conn. Gen. Stat. § 33-418h

Election to be governed as a worker cooperative. Revocation of election. Corporate name

Known as the Worker Cooperative Corporations Act

The act spans §§ 33–33 (10 sections).

(P.A. 84-430, S. 3–5, 14; P.A. 96-271, S. 170, 254.) History: P.A. 96-271 amended Subsec

(a) Any corporation formed under the provisions of chapter 601 or any predecessor statutes thereto, may elect to be governed as a worker cooperative under the provisions of this chapter by so stating in its certificate of incorporation or certificate of amendment filed in accordance with chapter 601. A corporation so electing shall be governed by all provisions of chapter 601 other than sections 33-815 to 33-831 , inclusive, and 33-855 to 33-872 , inclusive, except as otherwise provided in this chapter.

(b) A worker cooperative may revoke its election under subsection (a) of this section by a vote of two-thirds of the members and through a certificate of amendment filed in accordance with section 33-800 .

(c) A worker cooperative may include the word “cooperative” or “co-op” in its corporate name.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.