ANOTATION TO LAW 5/2018, OF 19 JUNE, MODIFICATION OF LAW 14/2011, OF 23 DECEMBER, OF ANDALUSIA COOPERATIVES SOCIETIES

Abstract

Andalusian legislation on cooperative societies is one of the most detailed in our State. However, in June 2018, it has been fundamentally modified with the following objectives: to make the cooperative constitution process and the structure of the administrative body more flexible; to introduce certain variations in the economic regime; and, mainly, to add changes in the discipline of the credit sections. In addition, the changes have affected aspects related to infractions and the appropriate sanctions.