Am I liable with assets beyond my cooperative shares?

No. A so-called obligation to make additional contributions is explicitly excluded in our bylaws. This means that, in the event of the cooperative’s insolvency, no further claims will be made against you. Only your shares in the cooperative and possibly the repayment of your loan would then be at risk.

Thanks to the annual audits by experts from the Cooperative Audit Association – we are registered with the largest German audit association, Genoverband e.V. – our cooperative is very well supported, which significantly reduces the risk of financial difficulties.

Overall, the insolvency rate for cooperatives in Germany is just 0.1 percent.