Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Cooperatives Act

Part 10 — Financial Disclosure

230 Consolidated statements

Current to 2023-12-07 · Official PDF

(1) A cooperative must keep at its registered office a copy of
the financial statements of each of its subsidiaries and of each
entity the accounts of which are consolidated in its financial
statements.
(2) The members and investment shareholders of a cooperative
and their agents and legal representatives may on request examine
the statements referred to in subsection (1) during the usual
business hours of the cooperative and may take extracts from them
free of charge.
(3) A cooperative may, not later than 15 days after a request to
examine under subsection (2), apply to the Court for an order
barring the right of any person to so examine, and the Court may, if
it is satisfied that the examination would be detrimental to the
cooperative or a subsidiary, bar the right and make any further
order it thinks fit.
(4) A cooperative must give the person requesting to examine
under subsection (2) notice of an application under subsection (3),
and the person may appear and be heard personally or by counsel.
2001 cC-28.1 s230;2022 c16 s3(40)