Non-distributing Co-operative with Shares

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

A non-distributing co-operative with shares is a not-for-profit entity. It cannot distribute profits or surpluses to its members. All profits are reinvested to build or improve member services. Shares in this type of co-op provide the capital that the co-operative needs to acquire assets or infrastructure as part of its business activities.

The constitution for this co-operative type includes rules about share capital. If you are not sure whether your co-operative needs to have share capital, download and review How to choose your co-op type or go back and choose another type of co-operative.

If you are part-way through an incomplete document, clicking ‘Get Started’ takes you back to where you left off.

The drafting tool creates a MS Word format document. This format allows you to make changes and add attachments during drafting, or if required by the Registrar.

Please note: The Co-op Builder tool will not accommodate formatting for paragraphs, lists and tables. Information inserted in text boxes will lose any format. When you download your document and check it for accuracy you will need to adjust any required formatting. If you intend to insert a table then you can insert after downloading.