§ 33-418h

(a) Any corporation formed under the provisions of chapter 601 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.(P.A. 84-430, S. 3–5, 14; P.A. 96-271, S. 170, 254.)History: P.A. 96-271 amended Subsec. (a) to replace references to 'chapter 599' with 'chapter 601' or 'chapter 601 or any predecessor statutes thereto' as appropriate, and replace reference to 'sections 33-364 to 33-374, inclusive,' with 'sections 33-815 to 33-831, inclusive, and 33-855 to 33-872, inclusive,' and amended Subsec.

or statutes thereto' as appropriate, and replace reference to 'sections 33-364 to 33-374, inclusive,' with 'sections 33-815 to 33-831, inclusive, and 33-855 to 33-872, inclusive,' and amended Subsec. (b) to replace reference to 'section 33-360' with 'section 33-800', effective January 1, 1997.