poikkeusosuus

Poikkeusosuus, a Finnish term, translates to "exception share" or "special allocation." It refers to a specific portion of a company's profits or assets that is set aside for a particular purpose or distributed differently from the regular dividend or share allocation. This can occur in various contexts within Finnish business and cooperative law. For instance, a cooperative might have a poikkeusosuus to reward members based on their patronage or specific contributions beyond standard membership rights. In some corporate structures, it might be used to provide a bonus to certain employees or stakeholders, or to fund a specific project or reserve.

The legal framework governing poikkeusosuus is typically found in the Finnish Companies Act (Osakeyhtiölaki) or the Cooperative Act (Osuuskuntalaki), depending on the type of entity. The nature and conditions of a poikkeusosuus must usually be clearly defined in the company's articles of association or a separate agreement. This ensures transparency and fairness among stakeholders. The specific rules and possibilities for establishing and utilizing a poikkeusosuus can vary, making it important to consult relevant legislation and company-specific documentation for precise details. It is a mechanism that allows for flexibility in financial distribution beyond the standard equity structures.