Closing a housing cooperative

The decision of dissolution must be made by two consecutive general meetings with at least four weeks’ intervals. One must be an ordinary general meeting.

The general meeting must also elect a liquidation board. The liquidation board replaces the board and the business manager. New board members and any deputy board members must confirm that they have taken on the assignment by signing the form.

You must enclose

• minutes from both general meetings showing the decision of dissolution and election of the liquidation board.

After the creditor deadline of six weeks and the distribution has been terminated, the audited settlement must be presented to the general meeting. Once the settlement is approved, you can strike off the housing cooperative with us by submitting the form Coordinated register notification.

You must enclose

• minutes from the general meeting stating that the audited settlement has been presented and approved

The general meeting may revoke the decision to dissolve, if at least half of the unit holders vote in favour, and the partition or payment to the unit holders has not taken place.

You must report the revocation to the Register of Business Enterprises quickly.

Upon revoking, the general meeting must also elect an ordinary board.

You must attach

• minutes from the general meeting showing the decision to revoke the dissolution and election of the board

If new board members or deputy board members are elected to the the board, these must confirm that they have taken on the assignment. They do this by signing the notification.

If the housing cooperative is obliged to have a business manager, you must also register this, since the enterprise does not have this role during the dissolution.