Cooperatives Act Article 39

The supervisors have the following authorities:1. To supervise and inspect the properties of the cooperatives;2. To supervise and inspect a director’s performance of business activities;3. To examine the documents set forth in Article 35 and Article 36;4. To act on behalf of the cooperative when it signs a contract with or is in a lawsuit against its director(s);For the purpose of performing the duties in the preceding paragraph, a supervisor may convene an extraordinary meeting of the general meeting of members if it is deemed necessary.The central competent authority shall establish regulations on the supervision and inspection, of the methods, procedures, and scope for a supervisor to exercise his/her authorities, as well as other matters to be complied with.