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Co-operatives National Law (NSW)
38Effect of incorporation
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38 Effect of incorporation
38 Effect of incorporation
As a corporation, a co-operative—
(a) has perpetual succession; and
(b) may have a common seal; and
(c) may sue and be sued in its corporate name; and
(d) subject to this Law, is capable of taking, purchasing, leasing, holding, selling and disposing of real and personal property; and
(e) may do and suffer all acts and things that corporations may by law do and suffer and that are necessary or expedient.