"arrangement" means a reconstruction under which a cooperative transfers or sells, or proposes to transfer or sell, to another body corporate all or a substantial part of its undertaking for consideration consisting in whole or in part of securities of, or memberships in, that other body corporate, and under which the cooperative proposes to distribute a part or all of that consideration among its members or to cease carrying on its undertaking or that part of its undertaking so transferred or sold, or proposed to be transferred or sold (« arrangement ») (c) an affiliate of a cooperative and the members, shareholders, directors and officers of the cooperative,īut does not include a relationship that arises out of the ordinary course of a business carried on by the cooperative or an affiliate of the cooperative (« affaires ») (b) a cooperative and its members, shareholders, directors and officers, and HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows: Order re Temporary Suspension of Corporate Meeting Provisions (2), renewal (2) made by Order in Council 325/2021 under The Emergency Measures Act, with effect from October 1, 2021 to March 31, 2022.Order affecting the operation of this Act: Note: Earlier consolidated versions are not available online.
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