Cooperative enterprises, the most commonly met forms of development of an industrial activity within the cooperative system; justify, from the organizational and operational point of view, a model for the company institution-contract, where the shareholders’ agreement is circumscribed to certain specific principles. The companies governed in this manner by special law have all the elements typically characterizing the companies regulated by the common law, thus acknowledging a series of particularities regarding their organization and operation, among which are distinguished those referring to general assemblies, as deliberative decision-making authorities, defined by a superior formalism, resulted from the application of their own regulations, with compulsory property, issued by the National Union of Handicraft and Production Cooperatives.
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