As a corporation, a
co-operative —
(a) has
perpetual succession; and
(b) has
a common seal; and
(c) may
sue and be sued in its corporate name; and
(d)
subject to this Act, is capable of taking, purchasing, leasing, holding,
selling and disposing of real and personal property; and
(e) may
do and suffer all acts and things that corporations may by law do and suffer
and that are necessary or expedient.