Euskadiko Kooperatiben Lege berria

Abstract

On December 20, 2019, the Basque Parliament approved Law 11/2019, on Cooperatives in the Basque Country, which has become the current regulation for cooperatives in the territory. While it retains the spirit, tendencies, and content of the law it has replaced, it has also provided significant innovations and interpretation issues in various areas, which can certainly be debatable. In the legal analysis of cooperatives, the study of those issues is of particular interest, especially in view of the importance of Basque cooperatives in the world. This work therefore reviews the main aspects and innovations of the new law, focusing on the most important aspects (such as the provisions on gender equality, digitalisation, the duties of administrators, the regulation of the liability regime of members, or news on hiring employees in worker cooperatives) always keeping a critical eye.