Introduction
Council Regulation 1435/2003 on the Statute for a European Cooperative Society (Societas Cooperativa Europaea – SCE)
Legal texts at EUR-LEX in several languages.
Objective
The Community, anxious to ensure equal terms of competition and to contribute to its economic development, should provide cooperatives, which are a form of organisation generally recognised in all Member States, with adequate legal instruments capable of facilitating the development of their cross-border activities. The United Nations has encouraged all governments to ensure a supportive environment in which cooperatives can participate on an equal footing with other forms of enterprise(11).
Preamble (6)
Parties
The European Union, its Member States, physical persons resident in the member states, and legal entities established under the laws of Member States.
Interactions1
To be completed
Issues
Comments
Statute for a European Cooperative Society (SCE)
- 00. Preamble
- Art. 01 Form of the SCE
- Art. 02 Formation
- Art. 03 Minimum capital
- Art. 04 Capital of the SCE
- Art. 05 Statutes
- Art. 06 Registered office
- Art. 07 Transfer of registered office
- Art. 08 Law applicable
- Art. 09 Principle of non-discrimination
- Art. 10 Particulars to be stated in the documents
- Art. 11 Registration and disclosure requirements
- Art. 12 Publication of documents in the Member States
- Art. 13 Notice in the Official Journal of the European Union
- Art. 14 Acquisition of membership
- Art. 15 Loss of membership
- Art. 16 Financial entitlements of members in the event of resignation or expulsion
- Art. 17 Law applicable during formation
- Art. 18 Acquisition of legal personality
- Art. 19-34 Formation by merger
- Art. 35 Procedures for formation by conversion
- Art. 36 Structure of organs
- Art. 37-41 Two-tier system
- Art. 42-44 The one-tier system
- Art. 45-51 Rules common to the one-tier and two-tier systems
- Art. 52-62 General meeting
- Art. 63 Sectorial or section meetings
- Art. 64 Securities other than shares and debentures conferring special advantages
- Art. 65 Legal reserve
- Art. 66 Dividend
- Art. 67 Allocation of available surplus
- Art. 68-71 Annual accounts and consolidated accounts
- Art. 72-76 Winding up; Liquidation; Insolvency and Cessation of payments
- Art. 77 Economic and monetary union
- Art. 78-80 Final Provisions
In International Labour Organisation‘s 193/2002 Recommendation on the promotion of cooperatives, it is stated: "a balanced society necessitates the existence of strong public and private sectors, as well as a strong cooperative, mutual and the other social and non-governmental sector". Along these lines, 2001 Nobel Prize winner Joseph Stiglitz has recently pointed out: "my research showed that one needed to find a balance between markets, government, and other institutions, including not-for-profits and cooperatives, and that the successful countries were those that had found that balance" (Joseph Stiglitz, Moving beyond market fundamentalism to a more balanced economy, in 80 Annals of Public and Cooperative Economics 348 (2009)); and moreover: "success, broadly defined, requires a more balanced economy, a plural economic system with several pillars to it. There must be a traditional private sector of the economy, but the two other pillars have not received the attention which they deserve: the public sector, and the social cooperative economy, including mutual societies and not-for-profits" (ibidem, 356).
Source: footnote 6, page 35 of Study on the implementation of the Regulation 1435/2003 on the Statute for European Cooperative Society (SCE), October 2010
Jan Goossenaerts
@collaboratewiki