Cooperative Societies, European Forms of Organizing the Economic Activities

Melania Luiza, Teodorescu
2015 Journal of Law and Administrative Sciences Special Issue   unpublished
The European cooperative (wholesale) society represents a form of organizing and unfolding economic activities, and its Regulation issued in 2003 determines its legal nature, by also offering it a standard regulation, different from the standardization which exist as far as the trade law is concerned. The key element of this European institution or construction is its international, cross border nature, a feature which is present from the start and all through its existence. This type of
more » ... This type of company is a legal person, having legal personality, and its purpose is not to unfold a trading activity and gain profit, its objective and main purpose a social one, namely to satisfy the needs of its members.