Legislator Case Law & Legislation
Vesiylioikeus 8.6.1989 98/1989 AI generated

Shareholder bound by water power transfer contract approved by local court without independent veto right.

Case Number Vesiylioikeus 8.6.1989 98/1989
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Administrative Court dismissed the shareholder's appeal against the binding nature of a water power transfer contract approved by the local court. The shareholder argued they lacked independent veto rights in the construction permit case regarding the water power belonging to the cooperative. The court ruled that the shareholder was legally bound by the contract because the local court's approval rendered the agreement final and enforceable.

Legislator headnote

AI generated

Lainvoimainen; The shareholder of a cooperative is bound by a water power transfer contract approved by the local court, lacking independent veto rights in the construction permit proceedings.

Keywords

AI generated
water power transfer cooperative shareholder local court approval binding contract administrative appeal veto right final decision

Cited Legislation

AI generated
Section 4 of the Act on Certain Unified Areas and Comparable Benefits
Section 12 of the Act on Certain Unified Areas and Comparable Benefits
Section 14 of the Act on Certain Unified Areas and Comparable Benefits
AI generated

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Full text

Jakokunnan kokouksen hyväksymä vesivoiman luovutussopimus,

jonka kihlakunnanoikeus oli lainvoiman saaneella päätöksellä

vahvistanut, sitoi jakokunnan osakasta. Hänellä ei jakokunnalle

kuuluneen vesivoiman osalta ollut voimalaitoksen rakentamislupa-asiassa

itsenäistä puhevaltaa.

L eräistä yhtenäisistä-alueista ja niihin verrattavista etuuksista

4 §

L eräistä yhtenäisistä alueista ja niihin verrattavista etuuksista

12 §

L eräistä yhtenäisistä alueista ja niihin verrattavista etuuksista

14 §

Lainvoimainen