Canada Cooperatives Act

Marginal note:Incorporators

• 8 (1) An application for incorporation of a cooperative may be made by a minimum of three persons, or by one or more cooperative entities, who intend to be members of the cooperative.

• Marginal note:Persons not to be incorporators

  (2) An application under subsection (1) is not to be made by

  • (a) an individual who is less than eighteen years of age;

  • (b) an individual who is incapable; or

  • (c) an individual or body corporate that has the status of bankrupt.