Non-distributing Co-operative without Shares

This Constitution Builder will help you draft the constitution for this type of co-operative.

Non-distributing co-operatives without shares are not-for-profit. They cannot distribute profit or surpluses to members. This co-op type does not have any share capital. They rely mainly on annual subscriptions from members to cover the start-up and ongoing costs of the co-operative’s business activities.

If you are not sure whether your co-op needs to have share capital, download and review How to choose your co-op type or go back and choose another type of co-op.

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