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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Any corporation formed under the provisions of chapter 601 1 or any predecessor statutes thereto, may elect to be governed as a worker cooperative under the provisions of this chapter by so stating in its certificate of incorporation or certificate of amendment filed in accordance with chapter 601. A corporation so electing shall be governed by all provisions of chapter 601 other than sections 33-815 to 33-831, inclusive, and 33-855 to 33-872, inclusive, except as otherwise provided in this chapter.
(b) A worker cooperative may revoke its election under subsection (a) of this section by a vote of two-thirds of the members and through a certificate of amendment filed in accordance with section 33-800.
(c) A worker cooperative may include the word “cooperative” or “co-op” in its corporate name.
Cite this article: FindLaw.com - Connecticut General Statutes Title 33. Corporations § 33-418h. Election to be governed as a worker cooperative. Revocation of election. Corporate name - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-33-corporations/ct-gen-st-sect-33-418h/
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