Chapter I: Operating conditions

When the company is dissolved, and subject to the provisions of the second paragraph of this article, the net assets remaining after extinction of liabilities and reimbursement of paid-up capital are devolved by decision of the members’ meeting either to another doctors’ cooperative or to a union of cooperatives, or to a work of general or professional interest. However, if justified by particular circumstances, the distribution of the net assets…

Doctors’ cooperatives may form cooperative unions as provided for in article 5 of law no. 47-1775 of 10 September 1947 on the status of cooperatives.

The Caisse Centrale de Crédit Coopératif may carry out any financial transactions on behalf of sociétés coopératives de médecins and their unions, in particular : 1° Make available to them funds specially allocated to them or that it may obtain by means of loans or by rediscounting subscribed bills; 2° To act as guarantor for their loans; 3° Receive and manage their deposits. An order of the ministers responsible for…

For the application of the provisions of article 23 of law no. 47-1775 of 10 September 1947 on the status of cooperative societies, the cooperative societies mentioned in this section come under the responsibility of the Minister for Health.