This Get Mutual 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.
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