Article 123.2: Basic provisions on consumer cooperatives

1. A consumer cooperative shall be recognized as a voluntary association of citizens or citizens and legal entities based on membership to meet their material and other needs. The mutual insurance society may be based on the membership of legal persons. Information on the name and location of the co-operative, the object and purpose of its activities, the conditions for the level of contributions of co-operative members, the composition and manner of contributions of co-operative members and their liability for breach of the obligation to contribute, the composition, competence and decision-making of cooperative bodies, including on issues, decisions on cats The names of the consumer co-operative must be indicated by a unanimous or qualified majority vote, in order to cover the losses suffered by the members of the co-operative. 3. The name of the mutual insurance society should contain the words «the consumer society». I have members who can be transformed into a social organization, association (union), autonomous non-profit organization or a socially useful foundation. An operation by its members can only be transformed into a partnership of owners of real estate. The egg society is an insurance organization.