The purpose of this Decree is to provide for matters delegated from the Framework Act on Cooperatives and matters necessary for the enforcement thereof. The text – consisting of 35 articles – deals with the following aspects: Names (art. 2); Matters to Be Deliberated by Cooperative Policy Deliberative Committee (art. 3); Organization of Council (art. 3-2); Procedures for Establishment of Cooperatives (art. 6); Issuance of Certificates of Conformation of Report (art. 8); Merger of Cooperatives (art. 13); Small Loans to Members of Social Cooperatives (art. 22); Public Announcement of Management of Cooperatives (art. 27); Merger of Social Cooperatives (art. 28); Entrustment of Authority (art. 32).
Republic of Korea · 2014-07-21