When a person becomes a member of a co-operative, he or she has the same rights as every other member regardless of the number of shares held. Each member has the right to be notified of meetings of the membership, to attend meetings and vote on all matters brought before such meetings.
Each member of the co-operative is also entitled to receive a copy of the audited financial statements each year. The members also approve of the auditor appointed at each annual meeting. Each member can also stand for election to the Board of Directors if he or she is interested in being more involved with the overall administration of the affairs of the co-operative.
A membership share in East Prince Funeral Co-op Ltd costs $50 and applications can be obtained by contacting the funeral home or any of the directors.