
From the Preface: The legal responsibilities of directors and officers in corporations is one of the most important areas of traditional corporation law. The same holds true for co-operative corporations which are regulated by separate legislation. In addition to specific provisions in co-operative legislation which address directors' and officers' duties, the application of the provisions and the commom law by the courts requires acceptance of the difference between co-operative corporations and ordinary business corporations. The differences between the two types of corporations does not allow a wholesale transfer of ordinary corporate law principles to co-operatives. This paper addresses directly and particularly the responsibilities imposed by law on directors and officers in Canadian co-operative corporations.
Page Count:
134
Publication Date:
1996-01-01
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