O DIREITO AO RETORNO COOPERATIVO

Abstract

This study proceeds to an analysis of the key notes of the right to cooperative return in Portuguese cooperative law. It will reflect on the concept, highlighting the fact that this right exists only from the decision of the general meeting approving the distribution of surplus. This distribution will be proportional to the transactions performed by each of the cooperators with the cooperative and not in terms of equity participation in the legal capital, which is one of the most important distinctive notes between the right to cooperative return and the dividends. However, the cooperator will not have a subjective right to return, but a mere expectation conditional to the existence of available results, to the statutory norms and to company's decisions.