What else can cancel my co-op?

Written by Kaylyn Perry, updated March 14th, 2023

A co-op is subject to an Affirmative Vote upon meeting certain criteria.  The Affirmative Vote acts in the same manner as the No Confidence vote that is triggered once a co-op becomes flagged. A co-op is eligible for an Affirmative Vote if they meet the following triggers:

  • In flagged status for more than 90 days

  • Has gone more than 30 days since its most recent payment (the payment must be at least 10% of the compliance/invoiced amount)

  • Past expected completion date