Northern Territory Consolidated Acts

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CO-OPERATIVES ACT - SECT 36

Effect of incorporation

36. Effect of incorporation

As a body corporate, a co-operative:

(a) has perpetual succession;

(b) has a common seal;

(c) may sue and be sued in its corporate name;

(d) subject to this Act, 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 bodies corporate may by law do and suffer and that are necessary or expedient.



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