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