This Operating Agreement provides a straightforward template tailored for a small, member-managed worker cooperative LLC based in California, aiming to be easily understood by non-legal organizations. It will discuss the roles and responsibilities of members,
When considering entity types for a worker cooperative, there are multiple options available. One possibility is to incorporate as a cooperative corporation if one exists under state law. However, it’s important to keep in mind
Think Outside the Boss is a workshop and manual for worker cooperatives, co-created by the Sustainable Economies Law Center and the East Bay Community Law Center. Overview of Manual and Workshop Manual “Think Outside Boss:
The page overview is a brief, 2-3 sentence summary that describes the key takeaway the reader will come away with from the page. It is generally a high-level snapshot of what’s to come. Subhead in
Below is a description of USDA’s loan guarantee program for the conversion of rural businesses to worker ownership. This promising, but underutilized, program has the potential to open up previously inaccessible funding for the often
The resource overview is a a brief, 2-3 sentence summary that describes the purpose, source, and usage instructions for the resource. The resource overview is a a brief, 2-3 sentence summary that describes the purpose, source,
Legal Case Study: Select Machine Select Machine is an Ohio-based firm that manufactures, sells, and distributes custom parts for demolition and construction equipment. It was founded in 1994 by Doug Beavers and Bill Sagaser. They
Co-op Conversion Case Study: Real Pickles Real Pickles is an example of a business that chose to convert to employee -ownership over selling their business to a large corporation in order to preserve their social
The Island Employee Cooperative (“IEC”) was created after Vern and Sandra Seile, owners of a supermarket, grocery store, and pharmacy/variety store, merged and sold their businesses to their employees. The IEC conversion powerfully illustrates the
In 2006, the Colorado Recovery Center, a Boulder-based residential treatment facility for adults suffering from serious mental illness was founded. Two years after opening the owner became too ill to run the business. The owner
The information presented on Co-oplaw.org is largely based on California law and IS NOT LEGAL ADVICE.
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