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Article L123-56 of the French Commercial code

For the application of this section in the departments of Bas-Rhin, Haut-Rhin and Moselle, the powers devolved to the presidents and staff of the regional chambers of trade and craft are exercised by the president and staff of the chambers of trade governed by articles 103 et seq. of the local professional code of 26 July 1900 for Alsace and Moselle. For the application of this section in the departments…

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Article L124-1 of the French Commercial code

The purpose of retailer co-operatives is to improve, through the joint efforts of their members, the conditions under which their members carry out their commercial activities. To this end, they may in particular carry on the following activities directly or indirectly on behalf of their members: 1° Supplying their members, in whole or in part, with the goods, commodities or services, equipment and materials necessary for the exercise of their…

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Article L124-2 of the French Commercial code

Cooperative societies of dispensing pharmacists may not refuse their services in emergencies, to non-associated dispensing pharmacists and to all public or private establishments where patients are treated, when these establishments regularly own a dispensary.

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Article L124-3 of the French Commercial code

Co-operative societies of retail traders are societies with variable capital constituted in the form of a limited liability company or a public limited company and operating in accordance with the provisions of Book II, Title III, Chapter I. They are governed by the provisions of this chapter and by the non-contradictory provisions of Book II, Titles I to IV and the loi n° 47-1775 du 10 septembre 1947 portant statut…

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Article L124-4 of the French Commercial code

Without prejudice to the application of the provisions of article 3 bis of law no. 47-1775 of 10 September 1947 on the status of cooperation, any retail trader duly established on the territory of a foreign State may be a member of traders’ cooperatives. The same applies to cooperative societies governed by this chapter, as well as to undertakings registered both in the national register of undertakings as undertakings in…

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Article L124-4-1 of the French Commercial code

The articles of association of a société coopérative de commerçants may stipulate that a member wishing to sell his business, or more than 50% of the shares making up the capital of the company operating the business, or the property in which the business is operated, must inform the cooperative. The cooperative has a period of three months from receipt of this information to make an offer to acquire the…

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Article L124-5 of the French Commercial code

Companies governed by this chapter may form unions between themselves with the same objects as those defined in Article L. 124-1. These unions must comply with the same rules for their formation and operation as the said companies. The first paragraph of Article 9 of the law of 10 September 1947 on the status of cooperation shall apply to them. Unions of retailer cooperative societies may only comprise retailer cooperative…

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Article L124-6 of the French Commercial code

In a cooperative incorporated as a société anonyme, the directors or the members of the management board and the supervisory board are natural persons who are either partners in their own right, or the chairman of the board of directors, general manager, member of the management board or manager of a company which is itself a partner. The duties of the members of the Board of Directors or the members…

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