Bilibiran Cooperative Amends Articles and By-laws

BILIBIRAN MULTI-PURPOSE COOPERATIVE
#0867 National Road Bilibiran Binangonan, Rizal

Reg. No. R-IV-FF-667 / Conf. No. C-MLA-796
Tel. No. 652-2879 / 514-8276
E-mail address: bmpcstaffofficers@yahoo.com
___________________________________________________________________________________
Excerpt from the minutes of General Assembly of the Cooperative held on MARCH 29,
2018 at Bilibiran Multi-Purpose Cooperative
GENERAL ASSEMBLY RESOLUTION AMENDING PROVISION THE ARTICLE OF

COOPERATION AND BY-LAWS AS APPROVED BY 2/3 VOTE OF THE MEMBERS
WITH VOTING RIGHTS AND ATTESTED BY THE MAJORITY OF THE BOARD OF
DIRECTORS.
GA. RESOLUTION NO_03-09 SERIES 2018
ARTICLES OF COOPERATION
EXISITING PROVISIONS AMENDED PROVISION

ARTIKULO II ARTICLE II
MGA ADHIKAIN AT MGA LAYUNIN TYPE AND PURPOSES
Na mga adhikain at mga layunin kung That the type of cooperative is Multi-
saan ang kooperatiba ang nabuo ay: Purpose Cooperative and the purposes for
which this Cooperative is organized are to
1. Upang pasiglahin ang pagpapakilos engage in:
sa pagtitipid at pag-iimpok ng mga
kasapi para sa pormasyon ng
puhunan. 1. Potable Water Service Operation
2. Upang makalikha ng pondo nang 2. Consumer Operation
sa gayun ay makapagbigay ng 3. Credit Operation
pautang para sa layuning 4. Water Refilling Station
pangkabuhayan at panglikas ng 5. Rental Services Operation
pangangailanagn ng mga kasapi. 6. Money Transfer or Remittance
3. Upang makapagbigay ng mga and other Financial Services
kalakal at mga paglilingkod at iba 7. Community Services
pang mga pangangailanagn ng mga 8. Savings
kasapi.
4. Upang isagawa ang mga layunin sa
produksyon sa pang-industriya.
5. Upang magsagawa ng pagsu-
suplay na mga kinakailangan sa
produksyon sa mga kasapi at di-
kasapi at ipagbili ang kanilang mga
produkto.
6. Upang magsagawa ng
patubig,transportasyon,pagpapaba
hay atbp.
7. Upang itaguyod ang kooperatiba
bilang mukha ng buhay para sa
pagpapabuti ng pang-;ipunan at
pang-ekonomiyang kabutihan ng
mga tao.
1
BY-LAWS
EXISITING PROVISION AMENDED PROVISION
ARBITUAL CLAUSE
Any disputes, controversy or claim arising

out of or relating to this Article of
cooperation, the cooperation law and
related rules, administrative guidelines of
the Cooperative Development Authority,
including inter-cooperative, inter-
federation disputes and related concerns,
and any question regarding the existence,
interpretation, validity, breach or
termination or the business relationship
shall be exclusively referred to and finally
resolved by voluntary arbitration under
the institutional rules promulgated by the
cooperative development Authority, after
compliance with the conciliation or
mediation mechanisms embodied in the
applicable by laws and in such other
pertinent laws.
PAG –AAYOS NG SIGALOT ARTICLE X SETTLEMENT DISPUTES
Ang anumang sigalot na nagmula sa Section 1. Mediation and Conciliation

pagitan o sa mga kasapi ng Lupon ng All inter and intra-cooperative disputes
Patnugutan,mga Komite, mga Pinuno at shall be settled within the cooperative in
mga Kasapi ay dapat isangguni para sa ‘ accordance with the pertinent Guidelines
Arbitration” ng tatlong (3) kasapi. Isa ay issued by the Cooperative Development
magmula sa pederasyon o union kung Authority, art 137 of Republic Act No.
san ang kooperatiba ay kasapi at o/ nasa 9520 and it’s implementing Rules and
lugar ng operasyon at ang dalawa (2) ay Regulations, Alternative Dispute
inonomina resolution Act. Of 2014 and its suppletory
laws.
Section 2. Voluntary Arbitration
Any dispute, controversy or claim arising
out of or relating to this By-laws, the
cooperative law and related rules,
administrative guidelines of the
Cooperative Development Authority,
including disputes involving members,
officers, directors, and committee,
members, intra-cooperative disputes and
related issues and any question.
Regarding the existence, interpretation,
validity, breach or termination of
agreements, or the members/general
assembly concerns shall be exclusively
referred to and finally resolved by
voluntary arbitration under the
institutional rules promulgated by the
Cooperative Development Authority, after
compliance with cooperative, and in such
other applicable laws.
I hereby certify to the correctness & truth of the above-cited resolution to the best of
my knowledge & ability.
Prepared by:
Alfea F. Enovejas
2
Secretary of the Board
Attested:
ELSINDA B. SISTINA AUREA C. ISON

Vice –Chairperson Board of Director
MYRNA Q. CRUZ DOMINADOR C. CEQUENA

Board of Directors Board of Directors
ANTONIO S. ROSALES VIRGINIA SAN PEDRO

Board of Directors Board of Directors
Melanie F. Lobarbio
Chairperson
Republic of the Philippines)

Municipality of Binangonan)
Subscribed and sworn to before me this ______ day 0f ______ ,________, affiant
exhibit to me his/her respective community tax certificate number _______________
issued on _________ at Binangonan Rizal
WITNESS MY HAND AND NOTARY SEAL

DOC: ____
PAGE NO .____
BOOK NO.____
SERIES OF____
3
ARTICLES OF COOPERATION
Of
BILIBIRAN MULTI-PURPOSE COOPERATIVE
KNOW ALL MEN BY THESE PRESENTS:
We, the undersigned Filipino citizen, all of legal and residents of the Philippines,
have voluntarily agreed to organize a primary cooperative, under the laws of the
Republic of the Philippines.
AND WE HEREBY CERTIFY:
Article I
Name of the Cooperative
That the name of this Cooperative shall be Bilibiran Multi-Purpose
Cooperative
Article II
Type and Purpose(s)
That the type of this cooperative is Multi-Purpose and the purpose(s) for this
Cooperative is organized is/are to engage in:
POTABLE WATER OPERATION To enlarge and increase the volume of new member
and to widen the water service on the specific area of operation.
CONSUMER OPERATION to provide a high quality, primary, goods such as rice, gas
and to provide a better service to the members.
CREDIT OPERATION
1. Encouraging thrift and savings mobilization among the members;
2. Generating funds and extending credit to the members for productive and
provident purposes;
3. Encouraging and supporting members the systematic production, value
addition and marketing activities;
4. Developing expertise and skills among its members;
5. Providing protection to the loans and funds of the members;
WATER REFILLING OPERATION to provide a better water and clean water for
the member and community.
RENTAL SERVICES to provide an affordable service for all members and non-
members.
SAVINGS to save for specific purpose like cooperative, to teach all members how to
save money.
Provide protection of the loans and funds of the members.
COMMUNITY SERVICES to provide a quality helping hand to the community who
needs an action and aide specific issue like medical, feeding program and
environmental issue
Is also provides opportunity to become active members of the community to give
a positive impact on the society.
Members can acquire like skills, and knowledge that turns in to positive effect
to the members and allowing them to improve the quality of life of others.
MONEY TRANSFER OR REMITTANCE AND OTHER FINANCIAL SERVICES
Establish own, lease or operate to act as remittance agent.
To engage in the business of remittance transferring or transmitting money on
behalf of any person to another person’s and/or entity as define under existing
Bangko Sentral ng Pilipinas rules and regulation and foreign exchange business.
4
Article III
Goals
That the goals of this cooperative is to help improve the quality of life of its members
and in furtherance there to shall aim:
1. To distribute a high quality water service to all the members and

consumers.
2. To increase the member of water service.
3. To lessen the product spoilage to near zero and to raise fund for
consumer goods.
4. To encourage the member to patronize the products of the cooperative.
5. To increase the funds and capital of the cooperative by loan programs to
provide the a kind of a better service.
6. To provide other loan service for all the members.
7. To continuously offer a quality and healthy purified water which is more
accessible to the community for a better health.
8. Increase public awareness environmental benefits of water refilling {of
large dispensers} over individuals water bottles.
9. To help all the member’s and non-members to avail an affordable service
and to an extra source of income of the cooperative.
10.To expose the cooperative, to people or community who are lack of social
life, medical and economic life.
11.The cooperative will help the member to begin saving money and to set
as specific savings goals, by putting the money into bank on a regular
basis, it can be easier to withdraw.
Article IV
Powers and Capacities
That the powers, rights and capacities of this cooperative are those prescribed
under Article 9 of the Republic Act. 9520.
1. To the exclusive use of its registered name:

2. To sue and sued;
3. Of succession;
4. To amend its articles of cooperation in accordance with the provisions of
RA 9520;
5. To adopt by-laws not contrary to law, morals or public policy, and to
amend and repeal the same in accordance with RA. 9520;
6. To purchase, receive take to grant, hold, convey, sell, pledge, mortage,
and otherwise deal with such real and personal property as the
transaction of the lawful affairs of the cooperative may reasonably and
necessarily require, subject to the limitations prescribed by laws and the
Constitution;
7. To enter into division, merger, or consolidation, as provided under RA
9520;
8. To form subsidiary cooperatives and join federations or unions, as
provided in this Code;
9. To avail of loans, be entitled to credit and to accept and receive grants,
donations and assistance from foreign and domestic sources subject to
the conditions of said loans, credits, grants, donations or assistance that
will not undermine the autonomy of the cooperative. The Authority ,
upon written request, shall provide necessary assistance in the
documentary requirements for the loans, credits, grants, donations and
other financial support;
5
10.To avail preferential rights granted to cooperatives under RA 7160,
otherwise known as the local Government Code, and other laws,
particularly hose in the grant of franchises to establish, construct,
operate and maintain ferries, wharves, markets or slaughters houses and
to lease public utilities, including access to extension and on-site
research services and facilities related to agriculture and fishery
activities; and
11.To exercise such other powers granted under RA 9520 or necessary to
carry out its purpose as stated in this articles of cooperation.
Article V
Term of Existence
That the term for which this Cooperative shall exist is Fifty (50) years from the
date of its registration with the Cooperative Development Authority.
Article VI
Common Bond and Field Membership
That the common bond of membership of this Cooperative is Residential and

shall be open to all BILIBIRAN MULTI-PURPOSE MEMBERS natural persons who are
all Filipino citizen, of legal age, 18-60 years with the capacity to contract and possess
all the qualifications and none of the disqualification provided for in the By-laws this
Articles of Cooperation.
Article VII
Area of Operation
That the membership of this Cooperative shall come from Bilibiran
Binangonan Rizal. Its principal office shall be located at 0867 National road
Bilibiran Binangonan Rizal.
Article VIII
Name, Citizenship and Addresses of Cooperators
That the name and complete postal address of the co-operators are as follows:
Name Citizenship Postal Address
Roman Antonil Sr. Filipino Bilibiran Binangonan Rizal
Benito Lirio Filipino Bilibiran Binangonan Rizal
Domingo Francisco Filipino Bilibiran Binangonan Rizal
Peping Tolentino Filipino Bilibiran Binangonan Rizal
Enrique De Mesa Filipino Bilibiran Binangonan Rizal
Felix Bautista Filipino Bilibiran Binangonan Rizal
Luis Lobarbio Filipino Bilibiran Binangonan Rizal
Melanio Cruz Filipino Bilibiran Binangonan Rizal
Raymundo Rosales Filipino Bilibiran Binangonan Rizal
Silvino Gonzales Filipino Bilibiran Binangonan Rizal
Candido Sistina Filipino Bilibiran Binangonan Rizal
Ernesto Cequeña Filipino Bilibiran Binangonan Rizal
Felix Wenceslao Filipino Bilibiran Binangonan Rizal
Glicerio Gervacio Filipino Bilibiran Binangonan Rizal
Hilario Pante Filipino Bilibiran Binangonan Rizal
6
Article IX
Board of Directors
That the number of Directors of this Cooperative shall be SEVEN (7) and the
name and address of the directors who are to serve until their successors shall
have been elected and qualified as provided in the by-laws are;
Name Citizenship Address

Roman Antonil Sr. Filipino Binangonan, Rizal
Domingo Francisco Filipino Binangonan, Rizal
Felix Rivera Filipino Binangonan, Rizal
Vivencio Cequeña Filipino Binangonan, Rizal
Melanio Cruz Filipino Binangonan, Rizal
Domingo Combe Filipino Binangonan, Rizal
Felix Bautista Filipino Binangonan, Rizal
Article X
Capitalization
That the Authorized Share Capital of this Cooperative is Twenty Million Pesos
(P20,000.000.00 php) divided into
a) FIFTEEN MILLION PESOS (15,000,000.00 php) equivalent to ONE

THOUSAND FIVE HUNDRED (1,500) common share with par value of
Five hundred pesos (500.00)
b) FIVE MILLION PESOS (5,000,000.00 php) equivalent to FIVE
HUNDRED (500) preferred share with par value of Five hundred pesos
(500.00)
Article XI
Subscribed and Paid-Up Share Capital
That of the authorized share capital, amount of Nine Million Four Hundred
Seventy Five Thousand pesos (9,475,000.00 php) has been subscribed, and Eight
Million Six Hundred Fifty Five Thousand pesos (8,655,000.00 php ) of the total
subscription has been paid by the following members-subscribers;
NO. OF AMOUNT OF NO. OF

AMOUNT
NAME SHARES CAPITAL SHARES
SUBSCRIBED SUBSCRIBES PAID PAID
1 Abalos, Maria Conchita B. 20 10,000.00 19 9,500.00
2 Abastillas, Rose Ann 10 5,000.00 10 5,000.00
3 Abdon, Cresencio Jr. C. 35 17,500.00 35 17,500.00
4 Ablir, Maricel R. 50 25,000.00 50 25,000.00
5 Adducol, Fernando B. 15 7,500.00 12 6,000.00
6 Adonis, Sherlita P. 25 12,500.00 22 11,000.00
7 Adopina, Fernando C. 5 2,500.00 5 2,500.00
8 Adriano, Andrea Marie M. 30 15,000.00 27 13,500.00
9 Adriano, Florencia F. 40 20,000.00 38 19,000.00
7
10 Adriano, Legaya N. 20 10,000.00 18 9,000.00
11 Adriano, Romeo F. 10 5,000.00 10 5,000.00
12 Agagon, Cecilia 10 5,000.00 7 3,500.00
13 Agravante, Virginia R. 20 10,000.00 16 8,000.00
14 Aguila, Joanna C. 20 10,000.00 18 9,000.00
15 Aguilar, Francisco K. 30 15,000.00 29 14,500.00
16 Alas, Minerva G. 30 15,000.00 28 14,000.00
17 Alejo, Adelfa P. 15 7,500.00 13 6,500.00
18 Alejo, Dolores A. 15 7,500.00 12 6,000.00
19 Alejo, Joy C. 15 7,500.00 12 6,000.00
20 Alex, Alfredo A. 20 10,000.00 18 9,000.00
21 Aman, Geronima 10 5,000.00 10 5,000.00
22 Ambrosio, Getulio III M. 15 7,500.00 12 6,000.00
23 Amodo, Luzviminda 15 7,500.00 15 7,500.00
24 Amolo, Merlie D. 10 5,000.00 9 4,500.00
25 Amoroso, Roselyn B. 30 15,000.00 26 13,000.00
26 Añain, Marissa 20 10,000.00 16 8,000.00
27 Anasco, Ma Cristina 25 12,500.00 24 12,000.00
28 Andres, Angelita 20 10,000.00 17 8,500.00
29 Anore, Agapita DL 20 10,000.00 17 8,500.00
30 Anore, Imelda F. 15 7,500.00 14 7,000.00
31 Anorico, Eden 30 15,000.00 26 13,000.00
32 Anorico, Gina G. 15 7,500.00 12 6,000.00
33 Antalan, Avelino H. 25 12,500.00 24 12,000.00
34 Antalan, Loreta P. 25 12,500.00 23 11,500.00
35 Antazo, Alvin B. 5 2,500.00 3 1,500.00
36 Antazo, Flora P. 5 2,500.00 4 2,000.00
37 Antazo, Joselito M. 5 2,500.00 4 2,000.00
38 Antazo, Perigrina 15 7,500.00 13 6,500.00
39 Antes, Ligaya A. 25 12,500.00 23 11,500.00
40 Apacionado, Jose 15 7,500.00 13 6,500.00
8
41 Aparte, Nerissa 10 5,000.00 7 3,500.00

AMOUNT
42 Apolinario, Anita 30 15,000.00 27 13,500.00
43 Apoloni, Lorna 15 7,500.00 12 6,000.00
44 Aquino, Camille 5 2,500.00 4 2,000.00
45 Aquino, Myrene 15 7,500.00 12 6,000.00
46 Aquino, Rodrigo 65 32,500.00 65 32,500.00
47 Aquino, Rosana 20 10,000.00 19 9,500.00
48 Aquino, Ruben 10 5,000.00 6 3,000.00
49 Arabit, Alexander 15 7,500.00 14 7,000.00
50 Arabit, Dolores 45 22,500.00 45 22,500.00
51 Arabit, Francisca 45 22,500.00 45 22,500.00
52 Arabit, Milagros 20 10,000.00 17 8,500.00
53 Arabit, Rachelle 10 5,000.00 10 5,000.00
54 Arabit, Roldan 10 5,000.00 8 4,000.00
55 Arabit, Teresita 40 20,000.00 36 18,000.00
56 Aragoncillo, Ma. Victoria I. 5 2,500.00 4 2,000.00
57 Aragoza, Cesar 10 5,000.00 8 4,000.00
58 Aragoza, Concepcion 25 12,500.00 24 12,000.00
59 Aragoza, Elizabeth 5 2,500.00 5 2,500.00
60 Aragoza, Fercival 35 17,500.00 32 16,000.00
61 Aragoza, Imelda 35 17,500.00 35 17,500.00
62 Aragoza, Phoebe 15 7,500.00 13 6,500.00
63 Aralar, Felix 5 2,500.00 3 1,500.00
64 Araneta, Paulo 20 10,000.00 20 10,000.00
65 Araullo, Aiza 10 5,000.00 7 3,500.00
66 Arcilla, Marivic 10 5,000.00 10 5,000.00
67 Arce, Domingo 25 12,500.00 23 11,500.00
68 Arceño, Jaime 5 2,500.00 5 2,500.00
69 Arenas, Celia 5 2,500.00 4 2,000.00
9
70 Arenas, Jennifer R. 15 7,500 .00 11 5,500.00
71 Ariola, Angelina 45 22,500.00 43 21,500.00
72 Armero, Eduardo 5 2,500.00 5 2,500.00
73 Asayas, Nilda 5 2,500.00 4 2,000.00
74 Asesor, Jennifer M. 15 7,500.00 14 7,000.00
75 Atentar, Nelsa N. 5 2,500.00 4 2,000.00
76 Aube, Eurica P. 5 2,500.00 4 2,000.00
77 Ayon, Jesseca 5 2,500.00 2 1,000.00
78 Bables, Milagros L. 15 7,500.00 14 7,000.00
79 Baclor, Susana 5 2,500.00 4 2,000.00
80 Badilla, Cherrymie L. 20 10,000.00 16 8,000.00
81 Bagalihog, Riza S. 25 12,500.00 25 12,500.00
82 Bagon, Jessie 20 10,000.00 19 9,500.00

AMOUNT
83 Bañez, Mary Jane M. 15 7,500.00 11 5,500.00
84 Barberan, Marivic H. 5 2,500.00 3 1,500.00
85 Barcelita, Bernaldo M. 5 2,500.00 2 1,000.00
86 Barela, Mary Jane P. 5 2,500.00 2 1,000.00
87 Basa, Bermie G. 10 5,000.00 10 5,000.00
88 Basilio, Ma. Jelica C. 15 7,500.00 12 6,000.00
89 Bato, Melito 35 17,500.00 32 16,000.00
90 Bautista, Ariel 20 10,000.00 17 8,500.00
91 Bautista, Arthur 20 10,000.00 18 9,000.00
92 Bautista, Evangeline 5 2,500.00 3 1,500.00
93 Bautista, Gemena 40 20,000.00 36 18,000.00
94 Bautista, Juliet 15 7,500.00 14 7,000.00
95 Bautista, Lorena L. 5 2,500.00 3 1,500.00
96 Bautista, Marivic M. 5 2,500.00 4 2,000.00
97 Bautista, Marlon 15 7,500.00 13 6,500.00
98 Bautista, Melania 10 5,000.00 7 3,500.00
10
99 Bautista, Richman 5 2,500.00 3 1,500.00
100 Bautista, Ryan 20 10,000.00 16 8,000.00
101 Bautista, Sujane S. 5 2,500.00 4 2,000.00
102 Bautista, Viola F. 55 27,500.00 52 26,000.00
103 Bautista, Yelena Claire 5 2,500.00 4 2,000.00
104 Bautista, Zosimo C. 5 2,500.00 5 2,500.00
105 Baylon, Bernarda P. 15 7,500.00 12 6,000.00
106 Bea, Editha 25 12,500.00 23 11,500.00
107 Bea, Norma 5 2,500.00 2 1,000.00
108 Becilla, Gary 25 12,500.00 24 12,000.00
109 Bejo, Hector 15 7,500.00 15 7,500.00
110 Belen, Lilibeth 20 10,000.00 16 8,000.00
111 Benedicto, Eva 30 15,000.00 28 14,000.00
112 Berenguila, Roselyn 15 7,500.00 14 7,000.00
113 Bermudez, Ma. Luisa 15 7,500.00 15 7,500.00
114 Bernardo, Girlie 25 12,500.00 24 12,000.00
115 Bernardo, Larry 20 10,000.00 18 9,000.00
116 Bernardo, Leticia 30 15,000.00 30 15,000.00
117 Bernardo, Ma. Dinia 20 10,000.00 18 9,000.00
118 Bernardo, Romeo 25 12,500.00 24 12,000.00
119 Besin, Rosemarie F. 5 2,500.00 1 500.00
120 Bibat, Gina D. 5 2,500.00 3 1,500.00
121 Bicaldo, Marifel M. 20 10,000.00 17 8,500.00
122 Bilibiran Elementary School 20 10,000.00 16 8,000.00
123 Bilon, Elowillyn B. 5 2,500.00 4 2,000.00

AMOUNT
124 Bitago, Rowena D. 20 10,000.00 16 8,000.00
125 Bitong, Jose 5 2,500.00 2 1,000.00
126 Borja, Alfonso 5 2,500.00 3 1,500.00
127 Borja, Rizalino T. 5 2,500.00 2 1,000.00
11
128 Botones, Eva 5 2,500.00 2 1,000.00
129 Botor, Alicia A. 30 15,000.00 29 14,500.00
130 Brown, Jean Maria M. 5 2,500.00 4 2,000.00
131 Bucalon, Mark Gil 20 10,000.00 19 9,500.00
132 Bucalon, Pedro Jr. 5 2,500.00 4 2,000.00
133 Bucalon, Perly M. 5 2,500.00 4 2,000.00
134 Bueno, Cherish 15 7,500.00 11 5,500.00
135 Bugarin, Alicia 5 2,500.00 4 2,000.00
136 Buluran, Ma. Liza 20 10,000.00 16 8,000.00
137 Buluran, Rogelio 15 7,500.00 14 7,000.00
138 Caballes, Imelda G. 5 2,500.00 4 2,000.00
139 Cabardo, Ma. Victoria 20 10,000.00 18 9,000.00
140 Cabubas, Dina 15 7,500.00 15 7,500.00
141 Cabuslay, Marivic 5 2,500.00 5 2,500.00
142 Cabuyao, Norman 20 10,000.00 19 9,500.00
143 Cacanindin, Raquel 5 2,500.00 4 2,000.00
144 Caisedo, Ma. Cristina 10 5,000.00 10 5,000.00
145 Calderon, Risiel I. 5 2,500.00 3 1,500.00
146 Caliboso, Juvilyn 5 2,500.00 5 2,500.00
147 Calixto, Reynaldo 5 2,500.00 5 2,500.00
148 Callos, Dolores 15 7,500.00 14 7,000.00
149 Callos, Ma. Biana 5 2,500.00 3 1,500.00
150 Canillas, Bibiana 5 2,500.00 3 1,500.00
151 Capil, Concepcion 5 2,500.00 3 1,500.00
152 Caponpon, Arlene Joy 20 10,000.00 20 10,000.00
153 Capua, Cecilia 90 45,000.00 86 43,000.00
154 Carreon, Jennifer 5 2,500.00 2 1,000.00
155 Carreon, Marciana 15 7,500.00 12 6,000.00
156 Carreon, Nancy 5 2,500.00 4 2,000.00
157 Casimiro, Rebecca 115 57,500.00 111 55,500.00
158 Castro, Arnel S. 15 7,500.00 13 6,500.00

159 Castro, Belen L. 15 12
12
7,500.00 6,000.00
160 Castro, Joel L. 5 2,500.00 5 2,500.00
161 Catahan, Arnel 15 7,500.00 14 7,000.00
162 Catahan, Mary Ann 25 12,500.00 25 12,500.00
163 Catahan, Rebecca L. 5 2,500.00 3 1,500.00
164 Catayong, Maricel 15 7,500.00 11 5,500.00

315,000.0 279,500.0
TOTAL: 630 0 559 0

AMOUNT
165 Catayong, Sonia 20 10,000.00 18 9,000.00
166 Cea, Susana S. 10 5,000.00 8 4,000.00
167 Cebanico, Marciana 20 10,000.00 18 9,000.00
168 Celajes, Erlyn M. 5 2,500.00 4 2,000.00
169 Celebre, Elisa 25 12,500.00 21 10,500.00
170 Celebre, Jose Alfredo 45 22,500.00 43 21,500.00
171 Celeridad, Willardo 5 2,500.00 2 1,000.00
172 Celestra, Grace 15 7,500.00 15 7,500.00
173 Celestra, Nancy 15 7,500.00 15 7,500.00
174 Celestra, Vilma 15 7,500.00 13 6,500.00
175 Celso, Ariel 5 2,500.00 5 2,500.00
176 Celso, Lutgardo 35 17,500.00 31 15,500.00
177 Ceñido, Catherine F. 10 5,000.00 6 3,000.00
178 Ceñidoza, Eugenia 5 2,500.00 4 2,000.00
179 Ceñidoza, Ma. Marcia 10 5,000.00 6 3,000.00
180 Ceñidoza, Michelle 20 10,000.00 19 9,500.00
181 Ceñidoza, Myrna 25 12,500.00 23 11,500.00
182 Ceñidoza, Nila C. 25 12,500.00 22 11,000.00
183 Ceñir, Anthony 15 7,500.00 13 6,500.00
184 Ceñir, Ernesto 285 142,500.00 284 142,000.00
185 Ceñir, Kevin 15 7,500.00 13 6,500.00
186 Cequeña, Angeles 40 20,000.00 40 20,000.00
187 Cequeña, Bienvenido 30 15,000.00 28 14,000.00
13
188 Cequeña, Carmelita 20 10,000.00 16 8,000.00
189 Cequeña, Danilo 30 15,000.00 27 13,500.00
190 Cequeña, Delpilar 30 15,000.00 26 13,000.00
191 Cequeña, Dominador 40 20,000.00 37 18,500.00
192 Cequeña, Edensueda 10 5,000.00 8 4,000.00
193 Cequeña, Elicerio 20 10,000.00 18 9,000.00
194 Cequeña, Erlinda 70 35,000.00 67 33,500.00
195 Cequeña, Ernani 35 17,500.00 31 15,500.00
196 Cequeña, Erwin 15 7,500.00 11 5,500.00
197 Cequeña, John P 25 12,500.00 21 10,500.00
198 Cequeña, Irma 20 10,000.00 20 10,000.00
199 Cequeña, Lolita P. 10 5,000.00 6 3,000.00
200 Cequeña, Ma. Luisa C. 5 2,500.00 4 2,000.00
201 Cequeña, Madonna C. 25 12,500.00 23 11,500.00
202 Cequeña, Mae Joy L. 5 2,500.00 3 1,500.00
203 Cequeña, Maria Romina 40 20,000.00 37 18,500.00
204 Cequeña, Marites 5 2,500.00 5 2,500.00
205 Cequeña, Mary Christine 10 5,000.00 10 5,000.00

555,000.0 510,500.0
TOTAL: 1110 0 1021 0

AMOUNT
206 Cequeña, Menilda L. 30 15,000.00 28 14,000.00
207 Cequeña, Norberta 30 15,000.00 28 14,000.00
208 Cequeña, Oscarlito 20 10,000.00 17 8,500.00
209 Cequeña, Randulf C. 5 2,500.00 4 2,000.00
210 Cequeña, Randy 20 10,000.00 19 9,500.00
211 Cequeña, Reynaldo 15 7,500.00 13 6,500.00
212 Cequeña, Roda 35 17,500.00 31 15,500.00
213 Cequeña, Romeo 15 7,500.00 11 5,500.00
214 Cequeña, Romualdo 60 30,000.00 57 28,500.00
215 Cequeña, Rose Ann A. 5 2,500.00 3 1,500.00
14
216 Cequeña, Susana 15 7,500.00 11 5,500.00
217 Cequeña, Zenaida 25 12,500.00 25 12,500.00
218 Cerda, Carmelita 5 2,500.00 4 2,000.00
219 Cerda, Celina B. 20 10,000.00 18 9,000.00
220 Cerda, Rogelio 5 2,500.00 3 1,500.00
221 Certeza, Eleonor Y. 20 10,000.00 17 8,500.00
222 Cervantes, Lydia 25 12,500.00 23 11,500.00
223 Cestina, Damiano Jr. 15 7,500.00 13 6,500.00
224 Cipriano, Reynaldo 5 2,500.00 4 2,000.00
225 Clemente, Aida 20 10,000.00 18 9,000.00
226 Clemente, Isabelita 20 10,000.00 19 9,500.00
227 Clemente, Marife C. 20 10,000.00 16 8,000.00
228 Clemente, Rolando C. 5 2,500.00 3 1,500.00
229 Clemente, Norma 10 5,000.00 10 5,000.00
230 Colupano, Ernesto 40 20,000.00 36 18,000.00
231 Combe, Rey 15 7,500.00 11 5,500.00
232 Concepcion, Juanito 20 10,000.00 16 8,000.00
233 Concepcion, Rosita 20 10,000.00 20 10,000.00
234 Conise, John-John 20 10,000.00 16 8,000.00
235 Conise, Ma Theresa 10 5,000.00 10 5,000.00
236 Corcothia, Maricel 5 2,500.00 4 2,000.00
237 Cordero, Francisco 10 5,000.00 6 3,000.00
238 Coronel, Norma I. 5 2,500.00 4 2,000.00
239 Corpuz, Antonio P. 15 7,500.00 13 6,500.00
240 Cortez, Felipe 35 17,500.00 33 16,500.00
241 Costales, Anita 20 10,000.00 20 10,000.00
242 Costales, Arnold 15 7,500.00 13 6,500.00
243 Cotas, Juanita B. 25 12,500.00 23 11,500.00
244 Crisostomo, Melody 20 10,000.00 18 9,000.00
245 Cruz, Benedicto Jr. 35 17,500.00 35 17,500.00
246 Cruz, Benedicto Sr. 15 7,500.00 14 7,000.00
15
AMOUNT
247 Cruz, Bryan 80 40,000.00 76 38,000.00
248 Cruz, Elowie 5 2,500.00 4 2,000.00
249 Cruz, Maribeth A. 5 2,500.00 4 2,000.00
250 Cruz, Myrna 155 77,500.00 155 77,500.00
251 Cruz, Pedro D. 15 7,500.00 14 7,000.00
252 Cruz, Randy 15 7,500.00 11 5,500.00
253 Cruz, Regidor 15 7,500.00 15 7,500.00
254 Cruz, Reynaldo 15 7,500.00 13 6,500.00
255 Cruz, Roberto 20 10,000.00 16 8,000.00
256 Cruz, Roberto C. 5 2,500.00 2 1,000.00
257 Cruz, Ronald B. 20 10,000.00 17 8,500.00
258 Cuadrante, Marilyn R. 15 7,500.00 11 5,500.00
259 Cuatriz, Janice S. 20 10,000.00 19 9,500.00
260 David, Stella 40 20,000.00 36 18,000.00
261 De Alday, Bheverlyn DC 25 12,500.00 23 11,500.00
262 De Gracia, Dolores 35 17,500.00 31 15,500.00
263 De Guia, Pacita 5 2,500.00 4 2,000.00
264 De Guzman, Norma 30 15,000.00 26 13,000.00
265 De Guzman, Ruel 20 10,000.00 16 8,000.00
266 De Guzman, Teresita 35 17,500.00 34 17,000.00
267 De Jesus, Edgardo G. 5 2,500.00 4 2,000.00
268 De Jesus, Herminia 110 55,000.00 110 55,000.00
269 De Jesus, Josephine 15 7,500.00 11 5,500.00
270 De Jesus, Wilma 10 5,000.00 9 4,500.00
271 De Leon, Alma 10 5,000.00 10 5,000.00
272 De Leon, Roberto J. 15 7,500.00 13 6,500.00
273 De Mesa, Andrew 5 2,500.00 5 2,500.00
274 De Mesa, Enrique 25 12,500.00 22 11,000.00
275 De Mesa, Juanito 20 10,000.00 19 9,500.00
16
276 De Mesa, Rogelio 30 15,000.00 29 14,500.00
277 De Ocampo, Pedro 20 10,000.00 20 10,000.00
278 De Silva, Cristina 10 5,000.00 10 5,000.00
279 De Torres, Cecilia 5 2,500.00 1 500.00
280 Defensor, Maricris F. 20 10,000.00 16 8,000.00
281 Del Rosario, Fe 15 7,500.00 12 6,000.00
282 Del Rosario, Marissa 5 2,500.00 4 2,000.00
283 Dela Cruz, Alexander 15 7,500.00 13 6,500.00
284 Dela Cruz, Claudia 25 12,500.00 24 12,000.00
285 Dela Cruz, Erma 15 7,500.00 15 7,500.00
286 Dela Cruz, Jocelyn 10 5,000.00 6 3,000.00
287 Dela Cruz, Leopoldo 15 7,500.00 13 6,500.00

AMOUNT
288 Dela Cruz, Marieta 55 27,500.00 52 26,000.00
289 Dela Cruz, Mary Chris G. 5 2,500.00 1 500.00
290 Dela Cruz, Nardito 5 2,500.00 4 2,000.00
291 Dela Cruz, Penia 15 7,500.00 11 5,500.00
292 Dela Cruz, Rodelio 25 12,500.00 22 11,000.00
293 Dela Pacion, Jerald 5 2,500.00 4 2,000.00
294 Dela Pacion, Jose Allan 20 10,000.00 20 10,000.00
295 Delantar, Adelaida 15 7,500.00 12 6,000.00
296 Delgado, Jenova 15 7,500.00 12 6,000.00
297 Delos Angeles, Divina 55 27,500.00 52 26,000.00
298 Delos Reyes, Mary Claire 35 17,500.00 32 16,000.00
299 Delos Santos, Lusmindo 30 15,000.00 26 13,000.00
300 Deogracias, Marites V. 10 5,000.00 7 3,500.00
301 Dequina, Norberto 5 2,500.00 5 2,500.00
302 Detera, Elena 20 10,000.00 18 9,000.00
303 Dimla, Jaigene F. 140 70,000.00 139 69,500.00

304 Dinaguit, Herminia 20 20
17
10,000.00 10,000.00
305 Dinaguit, Jorge 20 10,000.00 19 9,5000.00
306 Diolola, Luz 35 17,500.00 35 17,500.00
307 Dipasupil, Charlex 20 10,000.00 16 8,000.00
308 Directo, Myrna 20 10,000.00 16 8,000.00
309 Disimulacion, Anabelle P. 35 17,500.00 35 17,500.00
310 Disimulacion, Angel 55 27,500.00 51 25,500.00
311 Disimulacion, Corazon 5 2,500.00 3 1,500.00
312 Disimulacion, Dennis 15 7,500.00 13 6,500.00
313 Disimulacion, Domingo 15 7,500.00 12 6,000.00
314 Disimulacion, Manuel 20 10,000.00 17 8,500.00
315 Disimulacion, Rhona Ann T. 15 7,500.00 15 7,500.00
316 Disimulacion, Simeon 20 10,000.00 16 8,000.00
317 Ditablan, Edna 5 2,500.00 5 2,500.00
318 Ditao, Dominador 5 2,500.00 4 2,000.00
319 Ditao, Ma. Thelma 20 10,000.00 19 9,500.00
320 Divinagracia, Pedro 60 30,000.00 58 29,000.00
321 Doane, Fernando 25 12,500.00 22 11,000.00
322 Doane, Rose 5 2,500.00 4 2,000.00
323 Dollesin, Nancy 25 12,500.00 21 10,500.00
324 Dominguez, Aleli 50 25,000.00 48 24,000.00
325 Dominguez, Hernan 35 17,500.00 35 17,500.00
326 Dominguez, Renato 140 70,000.00 139 69,500.00
327 Doña, Amelia 25 12,500.00 23 11,500.00
328 Dorado, Marietta C. 15 7,500.00 13 6,500.00

AMOUNT
329 Ducot, Juanita 5 2,500.00 4 2,000.00
330 Duran, Josephine G. 10 5,000.00 7 3,500.00
331 Ebreo, Alma A. 15 7,500.00 11 5,500.00
332 Echaluce, Lourdes 30 15,000.00 30 15,000.00

333 Elcano, Raquel 35 34
18
17,500.00 17,000.00
334 Elomina, Rodolfo 5 2,500.00 4 2,000.00
335 Enage, Erlinda 15 7,500.00 11 5,500.00
336 Enguillo, Ma. Joida 5 2,500.00 4 2,000.00
337 Enovejas, Alfea 20 10,000.00 18 9,000.00
338 Escoto, Nenita 20 10,000.00 17 8,500.00
339 Escuadra, Ofelia 15 7,500.00 12 6,000.00
340 Espinas, Anabelle G. 15 7,500.00 13 6,500.00
341 Espiritu, Phoebe Angeline C. 5 2,500.00 1 500.00
342 Estadilla, Edgardo R. 15 7,500.00 15 7,500.00
343 Estadilla, Marilou E. 15 7,500.00 14 7,000.00
344 Estrella, Elisea C. 10 5,000.00 10 5,000.00
345 Eugenio, Ma. Consolacion 20 10,000.00 19 9,500.00
346 Fajardo, Lamberto 25 12,500.00 24 12,000.00
347 Fantastico, Angelina 20 10,000.00 18 9,000.00
348 Fantastico, Leonora 15 7,500.00 14 7,000.00
349 Faraon, Don Jay C. 5 2,500.00 3 1,500.00
350 Feliciano, Ana Maria 35 17,500.00 31 15,500.00
351 Feliciano, Domingo 5 2,500.00 2 1,000.00
352 Feliciano, Jerome 20 10,000.00 20 10,000.00
353 Fellizar, Teresita 30 15,000.00 26 13,000.00
354 Fermin, Catherine 5 2,500.00 4 2,000.00
355 Fermin, Cleotilde W. 35 17,500.00 32 16,000.00
356 Fermin, Crisanta 15 7,500.00 13 6,500.00
357 Fermin, Felix Jr. 50 25,000.00 48 24,000.00
358 Fermin, Fortunato 5 2,500.00 4 2,000.00
359 Fermin, Julie O. 20 10,000.00 17 8,500.00
360 Fermin, Michelle 60 30,000.00 60 30,000.00
361 Fermin, Milagros 5 2,500.00 2 1,000.00
362 Fermin, Shiela 15 7,500.00 12 6,000.00
363 Fernandez, Dolores C. 15 7,500.00 15 7,500.00
364 Fernandez, Ofelia A. 20 10,000.00 16 8,000.00
19
365 Ferrer, Gloria 55 27,500.00 55 27,500.00
366 Ferrer, Mercedes 15 7,500.00 14 7,000.00
367 Figueroa, Ruben 25 12,500.00 23 11,500.00
368 Figuracion, Gliceria 40 20,000.00 36 18,000.00
369 Flores, Carmina 15 7,500.00 11 5,500.00

AMOUNT
370 Flores, Cesar 35 17,500.00 35 17,500.00
371 Flores, Consuelo B. 20 10,000.00 17 8,500.00
372 Floriza, Erick A. 30 15,000.00 30 15,000.00
373 Fortuna, Alvin 10 5,000.00 6 3,000.00
374 Fragada, Lucila M. 10 5,000.00 8 4,000.00
375 Francisco, Cecilia 20 10,000.00 17 8,500.00
376 Francisco, Sabedes 20 10,000.00 16 8,000.00
377 Franquia, Eufemia B. 40 20,000.00 36 18,000.00
378 Furescal, Myrna 5 2,500.00 1 500.00
379 Gabriel, Pedro 5 2,500.00 4 2,000.00
380 Galang, Angelito 20 10,000.00 18 9,000.00
381 Galang, May Anne G. 20 10,000.00 18 9,000.00
382 Gallego, Phillip 10 5,000.00 10 5,000.00
383 Galolo, Lilia 10 5,000.00 9 4,500.00
384 Gamurot, Annaliza 10 5,000.00 8 4,000.00
385 Garcia, Archel L. 15 7,500.00 13 6,500.00
386 Garcia, Rebecca 5 2,500.00 4 2,000.00
387 Garcia, Zenaida 40 20,000.00 38 19,000.00
388 Gaton, Ma. Leonora 20 10,000.00 16 8,000.00
389 Gaurano, Teresita 20 10,000.00 17 8,500.00
390 Gervacio, Jackylou S. 25 12,500.00 21 10,500.00
391 Gervacio, Mary Jane 15 7,500.00 13 6,500.00
392 Gervacio, Nestor 560 280,000.00 557 278,500.00
393 Gervacio, Primitivo 25 12,500.00 21 10,500.00
20
394 Gervacio, Remedios 15 7,500.00 13 6,500.00
395 Gervacio, Virginia 15 7,500.00 11 5,500.00
396 Gimeno, Nene 5 2,500.00 2 1,000.00
397 Gipanao, Rosalinda 20 10,000.00 17 8,500.00
398 Godes, Ederlina B. 15 7,500.00 13 6,500.00
399 Gomez, Elizabeth 10 5,000.00 9 4,500.00
400 Gomez, Nancy C. 15 7,500.00 13 6,500.00
401 Gomez, Rogelio 20 10,000.00 19 9,500.00
402 Gondran, Herold 5 2,500.00 3 1,500.00
403 Gordo, Concepcion 50 25,000.00 47 23,500.00
404 Gregorio, Regina C. 5 2,500.00 4 2,000.00
405 Guevarra, Jose Glenn 5 2,500.00 4 2,000.00
406 Guinto, Lazaro 5 2,500.00 1 500.00
407 Guinto, Lucila 50 25,000.00 46 23,000.00
408 Guinto, Melissa S. 20 10,000.00 20 10,000.00
409 Guinto, Rolando L. 10 5,000.00 6 3,000.00
410 Guinto, Santiago 5 2,500.00 4 2,000.00

630,000.0 582,500.0
TOTAL: 1260 0 1165 0

AMOUNT
411 Gumabay, Fe 15 7,500.00 13 6,500.00
412 Gumabay, Mario Jr. 5 2,500.00 4 2,000.00
413 Hermogeno, Melchora 5 2,500.00 5 2,500.00
414 Hermosa, Jazmin K. 15 7,500.00 15 7,500.00
415 Hortillano, Arcelie A. 15 7,500.00 13 6,500.00
416 Icawat, Raquel 15 7,500.00 12 6,000.00
417 Ignacio, Cheryl L. 25 12,500.00 23 11,500.00
418 Ignacio, Janice 30 15,000.00 28 14,000.00
419 Ignacio, Sabina Nenia 20 10,000.00 17 8,500.00
420 Immaculata, Corazon 15 7,500.00 15 7,500.00
421 Ison, Aurea 115 57,500.00 113 56,500.00

422 Ison, Carlos 5 4
21
2,500.00 2,000.00
423 Ison, Dom 10 5,000.00 6 3,000.00
424 Ison, Dominga 25 12,500.00 22 11,000.00
425 Ison, Marelin 15 7,500.00 12 6,000.00
426 Ison, Melvin L. 20 10,000.00 18 9,000.00
427 Ison, Rosalinda G. 5 2,500.00 4 2,000.00
428 Ison, Teresa 20 10,000.00 17 8,500.00
429 Ison, Yolanda 5 2,500.00 2 1,000.00
430 Jacinto, Marina 10 5,000.00 10 5,000.00
431 Jaime, Lucia 5 2,500.00 1 500.00
432 Jamilarin, Herminia 15 7,500.00 13 6,500.00
433 Jara, Merlita 15 7,500.00 11 5,500.00
434 Jimenez, Divina C. 15 7,500.00 14 7,000.00
435 Jimenez, Thelma 10 5,000.00 6 3,000.00
436 Jove, Almira C. 15 7,500.00 15 7,500.00
437 Karaan, Amalia 20 10,000.00 16 8,000.00
438 KNJ Int'l. Corp. 5 2,500.00 4 2,000.00
439 Labian, Felomino Jr. V 10 5,000.00 7 3,500.00
440 Labitigan, Corazon 20 10,000.00 17 8,500.00
441 Labramonte, Angelina 5 2,500.00 4 2,000.00
442 Lacanilao, Eva 15 7,500.00 13 6,500.00
443 Lacap, Angelito 5 2,500.00 5 2,500.00
444 Lacap, Antonio 30 15,000.00 28 14,000.00
445 Lacap, Cresencia G. 20 10,000.00 20 10,000.00
446 Lacap, Delfin A. 20 10,000.00 18 9,000.00
447 Lacap, Marcela 5 2,500.00 2 1,000.00
448 Lacap, Marites R. 10 5,000.00 10 5,000.00
449 Lacap, MaryJane 10 5,000.00 10 5,000.00
450 Lacap, Merlina C. 30 15,000.00 30 15,000.00
451 Lacap, Reynaldo 15 7,500.00 11 5,500.00
NAME NO. OF AMOUNT OF NO. OF AMOUNT
22
SHARES CAPITAL SHARES
452 Lacap, Teddy M. 15 7,500.00 14 7,000.00
453 Lacap, Teodora C. 15 7,500.00 12 6,000.00
454 Lacdang, Edwin L. 70 35,000.00 68 34,000.00
455 Lacostales, Erlinda 15 7,500.00 12 6,000.00
456 Lagrama, Marites U. 5 2,500.00 3 1,500.00
457 Lalo, Nestor Y. 5 2,500.00 4 2,000.00
458 Langit, Haide 20 10,000.00 18 9,000.00
459 Laplana, Maritess 20 10,000.00 19 9,500.00
460 Larioza, Adelina 20 10,000.00 17 8,500.00
461 Laron, Manila 15 7,500.00 13 6,500.00
462 Lastimoso, Lolita L. 45 22,500.00 44 22,000.00
463 Laurilla, Melanie F. 5 2,500.00 4 2,000.00
464 Lazo, Salvador 80 40,000.00 76 38,000.00
465 Lazo, Victoria S. 25 12,500.00 21 10,500.00
466 Legarto, Santos B. Jr. 5 2,500.00 2 1,000.00
467 Libag, Arcile 10 5,000.00 10 5,000.00
468 Libag, Reynaldo 5 2,500.00 1 500.00
469 Libag, Jennifer 10 5,000.00 10 5,000.00
470 Lipio, Eusebio 20 10,000.00 16 8,000.00
471 Lipio, Jorge 5 2,500.00 5 2,500.00
472 Lipio, Luz 50 25,000.00 50 25,000.00
473 Lirio, Benito 40 20,000.00 36 18,000.00
474 Lirio, Editha 45 22,500.00 43 21,500.00
475 Lirio, Florentina 40 20,000.00 37 18,500.00
476 Lizardo, Alexander 50 25,000.00 47 23,500.00
477 Lizardo, David 25 12,500.00 21 10,500.00
478 Lizardo, Laura 65 32,500.00 65 32,500.00
479 Lizardo, Proserfina 40 20,000.00 37 18,500.00
480 Lizardo, Zacarias 5 2,500.00 2 1,000.00
481 Llaga, Gloria 10 5,000.00 6 3,000.00

482 Llasos, Palermo 5 3
23
2,500.00 1,500.00
483 Lobarbio, Amelia 160 80,000.00 158 79,000.00

484 Lobarbio, Andrea 120 60,000.00 118 59,000.00
485 Lobarbio, Asuncion 20 10,000.00 19 9,500.00
486 Lobarbio, Babylin 5 2,500.00 2 1,000.00
487 Lobarbio, Celia P. 80 40,000.00 80 40,000.00
488 Lobarbio, Dina 25 12,500.00 21 10,500.00
489 Lobarbio, Elvira 10 5,000.00 10 5,000.00
490 Lobarbio, Ester P. 15 7,500.00 12 6,000.00
491 Lobarbio, Gilbert 55 27,500.00 53 26,500.00
492 Lobarbio, Josephine 5 2,500.00 5 2,500.00

AMOUNT
493 Lobarbio, Julieta 35 17,500.00 33 16,500.00
494 Lobarbio, Larry 10 5,000.00 10 5,000.00
495 Lobarbio, Luis 45 22,500.00 45 22,500.00
496 Lobarbio, Margarita 25 12,500.00 22 11,000.00
497 Lobarbio, Melanie F. 45 22,500.00 43 21,500.00
498 Lobarbio, Milagros 10 5,000.00 10 5,000.00
499 Lobarbio, Nelson 15 7,500.00 14 7,000.00
500 Lobarbio, Nerisa 15 7,500.00 12 6,000.00
501 Lobarbio, Norberto 55 27,500.00 52 26,000.00
502 Lobramonte, Crisanto Jr. 45 22,500.00 42 21,000.00
503 Lobramonte, Diosdado 25 12,500.00 24 12,000.00
504 Lobramonte, Leonor 40 20,000.00 36 18,000.00
505 Lobramonte, Marissa 15 7,500.00 11 5,500.00
506 Lobramonte, Marivic D. 15 7,500.00 15 7,500.00
507 Lobramonte, Melinda 20 10,000.00 16 8,000.00
508 Lobramonte, Ursula 45 22,500.00 44 22,000.00
509 Lodronio, Rebecca 5 2,500.00 3 1,500.00
510 Loney, Myra 15 7,500.00 13 6,500.00

511 Lopez, Elizabeth 5 5
24
2,500.00 2,500.00
512 Lopez, Rowena R. 20 10,000.00 19 9,500.00

513 Lorenzo, Adoracion 25 12,500.00 24 12,000.00
514 Lorenzo, Gim P. 5 2,500.00 4 2,000.00
515 Lozada, Honorata 10 5,000.00 10 5,000.00
516 Lozada, Sally 20 10,000.00 19 9,500.00
517 Luberisco, Lilibeth 20 10,000.00 17 8,500.00
518 Luces, Jennifer B. 5 2,500.00 4 2,000.00
519 Luklukan, Benjamin 15 7,500.00 14 7,000.00
520 Luklukan, Edna 50 25,000.00 47 23,500.00
521 Luklukan, Erlinda 25 12,500.00 23 11,500.00
522 Luklukan, Ma. Cristina 25 12,500.00 24 12,000.00
523 Luklukan, Christina 25 12,500.00 25 12,500.00
524 Luklukan, Marta 20 10,000.00 16 8,000.00
525 Luklukan, Nieves 5 2,500.00 4 2,000.00
526 Luna, Ronald 15 7,500.00 15 7,500.00
527 Luvedise, Arnold 5 2,500.00 5 2,500.00
528 Macinas, Ma. Edlyn B. 25 12,500.00 22 11,000.00
529 Magalad, Josephine 5 2,500.00 4 2,000.00
530 Magas, Elinosa 20 10,000.00 19 9,500.00
531 Maghirang, Eloy 35 17,500.00 33 16,500.00
532 Magpoc, Emma 5 2,500.00 3 1,500.00
533 Malate, Paola Carmela 5 2,500.00 4 2,000.00

AMOUNT
534 Mamano, Rosario 35 17,500.00 33 16,500.00
535 Mamonong, Crisanto 5 2,500.00 4 2,000.00
536 Manansala, Leonida 35 17,500.00 31 15,500.00
537 Manansala, Olivia M. 15 7,500.00 12 6,000.00
538 Mandate, Evelenda Lemos 5 2,500.00 4 2,000.00
539 Mangaliman, Rodel G. 10 5,000.00 8 4,000.00

540 Maniebo, Dolores 25 25
25
12,500.00 12,500.00
541 Manimtim, Ireneo L. 20 10,000.00 19 9,500.00

542 Maningcay, Felix C. 60 30,000.00 57 28,500.00
543 Manual, Ryan 15 7,500.00 14 7,000.00
544 Marasigan, Gina F. 10 5,000.00 7 3,500.00
545 Maraveles, Merly 15 7,500.00 11 5,500.00
546 Marcala, Joevane V. 15 7,500.00 15 7,500.00
547 Marcaliñas, Mark 15 7,500.00 15 7,500.00
548 Marcelo, Emerenciana 25 12,500.00 24 12,000.00
549 Marcelo, Estela 5 2,500.00 3 1,500.00
550 Marcos, Manuel T. 10 5,000.00 10 5,000.00
551 Mariano, Rizaldy 10 5,000.00 8 4,000.00
552 Marino, Nelia O. 20 10,000.00 16 8,000.00
553 Marquez, Alejandro 15 7,500.00 15 7,500.00
554 Marquez, Antonio 20 10,000.00 18 9,000.00
555 Marquez, Elena 10 5,000.00 7 3,500.00
556 Marquez, Fiel 5 2,500.00 4 2,000.00
557 Marquez, Rosario 15 7,500.00 13 6,500.00
558 Martin, Lucia C. 5 2,500.00 4 2,000.00
559 Martin, Marilou Ann 10 5,000.00 10 5,000.00
560 Martinez, Macario 10 5,000.00 7 3,500.00
561 Martinez, Perla M. 5 2,500.00 3 1,500.00
562 Mateo, Rhona 10 5,000.00 6 3,000.00
563 Matienzo, Santiago 40 20,000.00 38 19,000.00
564 Megawide Const. Corp. 30 15,000.00 27 13,500.00
565 Mejorada, Bonnard 10 5,000.00 9 4,500.00

Mejorada, Michael Angelo
566 Jeff 20 10,000.00 17 8,500.00
567 Membrebe, Juanito 10 5,000.00 10 5,000.00
568 Membrebe, Ma. Victoria 20 10,000.00 18 9,000.00
569 Membrebe, Primiciano 75 37,500.00 75 37,500.00
570 Membrebe, Rodolfo 10 5,000.00 10 5,000.00
571 Membrebe, Vaness Joy L. 15 7,500.00 11 5,500.00
26
572 Membrebe, Virginia 20 10,000.00 19 9,500.00
573 Membrebe, Zenaida R. 85 42,500.00 82 41,000.00

574 Mendoza, Alberto Jr. 5 2,500.00 4 2,000.00

AMOUNT
575 Mendoza, Alejandro 15 7,500.00 15 7,500.00
576 Mendoza, Alma 5 2,500.00 4 2,000.00
577 Mendoza, Elsa 30 15,000.00 29 14,500.00
578 Mendoza, Raymundo F. 20 10,000.00 19 9,500.00
579 Mendoza, Rowena 25 12,500.00 23 11,500.00
580 Menguito, Alicia 65 32,500.00 65 32,500.00
581 Mercado, Keith 5 2,500.00 4 2,000.00
582 Mercado, Serafin Jr. 10 5,000.00 9 4,500.00
583 Merin, Narcisa W. 30 15,000.00 28 14,000.00
584 Merino, Benjamin 10 5,000.00 6 3,000.00
585 Mermal, Estela 20 10,000.00 18 9,000.00
586 Miciano, Eden 15 7,500.00 11 5,500.00
587 Miguel, Lolita B. 20 10,000.00 16 8,000.00
588 Millares, Patricia Anne 5 2,500.00 4 2,000.00

Miranda, Geraldine Elirose
589 DS 35 17,500.00 35 17,500.00
590 Miranda, Gerardo 10 5,000.00 10 5,000.00
591 Miranda, Sandra 5 2,500.00 2 1,000.00
592 Mitra, Rosie 65 32,500.00 64 32,000.00
593 Molina, Evelyn 30 15,000.00 28 14,000.00
594 Monday, Rowena 20 10,000.00 20 10,000.00
595 Monghit, Paterna 5 2,500.00 1 500.00
596 Montilla, Marivic 15 7,500.00 11 5,500.00
597 Mora, Laarni 5 2,500.00 1 500.00
598 Morales Jr., Artemio A. 5 2,500.00 4 2,000.00
599 Morales, Artemio L. 90 45,000.00 87 43,500.00
600 Morales, Francisco 10 5,000.00 10 5,000.00
27
601 Morales, Mark Lester G. 5 2,500.00 4 2,000.00
602 Morales, Nenita 15 7,500.00 11 5,500.00

603 Morilla, Mariafe L. 15 7,500.00 13 6,500.00
604 Morilla, Marilou A. 20 10,000.00 20 10,000.00
605 Mozo, Cherrilyn A. 15 7,500.00 14 7,000.00
606 Muhi, Anna Marie / baslot 5 2,500.00 3 1,500.00
607 Murao, Mariano Jr. 15 7,500.00 14 7,000.00
608 Murillo, Josefina 10 5,000.00 10 5,000.00
609 Mutoc, Ronaldo 5 2,500.00 4 2,000.00
610 Nacion, Bernadette 5 2,500.00 3 1,500.00
611 Nadora, Ernesto 25 12,500.00 24 12,000.00
612 Nallatan, Jerry E. 5 2,500.00 4 2,000.00
613 Nana, Almira S. 30 15,000.00 30 15,000.00
614 Napiza, Cyra A. 5 2,500.00 3 1,500.00
615 Narvarte, Sonia C. 20 10,000.00 18 9,000.00

AMOUNT
616 Naval, Estrelita M. 5 2,500.00 3 1,500.00
617 Navato, Mercedita 5 2,500.00 5 2,500.00
618 Nieva, Victoria 25 12,500.00 23 11,500.00
619 Nipit, Amalia 30 15,000.00 27 13,500.00
620 Nipit, Arnold 45 22,500.00 41 20,500.00
621 Nipit, Elvira A. 35 17,500.00 34 17,000.00
622 Nipit, Jazmin 15 7,500.00 13 6,500.00
623 Nipit, Lorena P. 15 7,500.00 14 7,000.00
624 Nipit, Marieshyll 30 15,000.00 30 15,000.00
625 Nipit, Mario 65 32,500.00 63 31,500.00
626 Nipit, Rechie Arimatea O. 10 5,000.00 10 5,000.00
627 Nipit, Salvador L. 5 2,500.00 5 2,500.00
628 Nocheseda, Francis 25 12,500.00 25 12,500.00
629 Noquera, Elsie 10 5,000.00 10 5,000.00
28
630 Noveno, Elsie 55 27,500.00 53 26,500.00
631 Ocampo, Alpha 10 5,000.00 7 3,500.00

632 Ocampo, Maureen 5 2,500.00 2 1,000.00
633 Ocampo, Renaldo 5 2,500.00 5 2,500.00
634 Ocap, Marissa 5 2,500.00 4 2,000.00
635 Ojoy, Joel B. 40 20,000.00 40 20,000.00
636 Ojoy, Marissa S. 55 27,500.00 54 27,000.00
637 Olandez, May ann 40 20,000.00 37 18,500.00
638 Olvida, Rosalie B. 15 7,500.00 11 5,500.00
639 Ong, Mariano 15 7,500.00 15 7,500.00
640 Orilla, Rose Ann A. 10 5,000.00 10 5,000.00
641 Oropesa, Estelita 20 10,000.00 17 8,500.00
642 Oropesa, Melodio 15 7,500.00 13 6,500.00
643 Orquita, Jimmy O. 5 2,500.00 4 2,000.00
644 Osas, Angelito E. 5 2,500.00 5 2,500.00
645 Osas, Fernando H. 5 2,500.00 5 2,500.00
646 Ostan, Herminigildo C. 5 2,500.00 5 2,500.00
647 Padua, Dulcisima 20 10,000.00 17 8,500.00
648 Padua, Jeffrey 5 2,500.00 2 1,000.00
649 Padua, Julian 20 10,000.00 19 9,500.00
650 Palmares, Leewin V. 20 10,000.00 17 8,500.00
651 Palomique, Florencia 5 2,500.00 5 2,500.00
652 Paluguer, Gregoria 5 2,500.00 4 2,000.00
653 Paluguer, Jessica 15 7,500.00 12 6,000.00
654 Pante, Igmidio 35 17,500.00 33 16,500.00
655 Pante, Millan S. 5 2,500.00 3 1,500.00
656 Pantua, Milagros 5 2,500.00 2 1,000.00

382,500.0 352,000.0
TOTAL: 765 0 704 0

AMOUNT
657 Paradero, Josephine 20 10,000.00 19 9,500.00

658 Parsamiento, Herminia C. 5 4
29
2,500.00 2,000.00
659 Pascua, Liwayway 10 5,000.00 6 3,000.00
660 Pascual, Armando 15 7,500.00 11 5,500.00
661 Pascual, Florencia 100 50,000.00 96 48,000.00
662 Pascual, Marjorie A. 5 2,500.00 4 2,000.00
663 Pasgin, Maureen 5 2,500.00 3 1,500.00
664 Patricio, Lolita V. 10 5,000.00 8 4,000.00
665 Patricio Jr., Ramon V. 15 7,500.00 15 7,500.00
666 Paulino, Zenaida 5 2,500.00 3 1,500.00
667 Penales, Ricky 15 7,500.00 15 7,500.00
668 Perdiguerra, Eric Cruz 10 5,000.00 10 5,000.00
669 Perdiguerra, Ofelia 80 40,000.00 76 38,000.00
670 Perdiguerra, Rowena 15 7,500.00 11 5,500.00
671 Pereira, Melinda 30 15,000.00 26 13,000.00
672 Pereira, Sandra 15 7,500.00 12 6,000.00
673 Perez, Albert 5 2,500.00 5 2,500.00
674 Perez, Froilan 5 2,500.00 1 500.00
675 Perez, Lalaine M. 5 2,500.00 4 2,000.00
676 Perezdetagle, Corazon 10 5,000.00 10 5,000.00
677 Pernicia, Noemi B. 15 7,500.00 14 7,000.00
678 Picayo, Alex 5 2,500.00 5 2,500.00
679 Picayo, Cynthia C. 25 12,500.00 25 12,500.00
680 Picayo, Pierce Edward W. 15 7,500.00 15 7,500.00
681 Picayo, Teodora 25 12,500.00 25 12,500.00
682 Picones, Amelito 25 12,500.00 22 11,000.00
683 Picones, Benito 20 10,000.00 18 9,000.00
684 Picones, Gregoria 20 10,000.00 17 8,500.00
685 Picones, Irene 15 7,500.00 13 6,500.00
686 Picones, Jojie F. 20 10,000.00 17 8,500.00
687 Picones, Joselito 25 12,500.00 24 12,000.00
688 Picones, Julita 60 30,000.00 56 28,000.00
689 Picones, Maribel 30 15,000.00 27 13,500.00
30
690 Picones, Pilamer L. 5 2,500.00 4 2,000.00
691 Picones, Salvador 15 7,500.00 15 7,500.00

692 Pigtain, Alfredo 20 10,000.00 20 10,000.00
693 Pigtain, Macario 15 7,500.00 12 6,000.00
694 Pigtain, Maricris M. 25 12,500.00 21 10,500.00
695 Pigtain, Maxima 60 30,000.00 56 28,000.00
696 Pigtain, Romeldo Romel 10 5,000.00 7 3,500.00
697 Pigtain, Teresa 15 7,500.00 12 6,000.00

AMOUNT
698 Pinga, Rodante 10 5,000.00 6 3,000.00
699 Piñones, Gloria M. 15 7,500.00 12 6,000.00
700 Pintucan, Marcial 5 2,500.00 2 1,000.00
701 Pitallo, Rebecca 10 5,000.00 6 3,000.00
702 Plegaria, Beatriz 5 2,500.00 4 2,000.00
703 Plegaria, Danilo 10 5,000.00 10 5,000.00
704 Plegaria, Dindo L. 5 2,500.00 3 1,500.00
705 Plegaria, Donato 40 20,000.00 37 18,500.00
706 Plegaria, Medy 10 5,000.00 6 3,000.00
707 Plegaria, Nicolas 5 2,500.00 3 1,500.00
708 Ponce, Janice 5 2,500.00 4 2,000.00
709 Pontod, Evelyn 15 7,500.00 13 6,500.00
710 Pontod, Susan 20 10,000.00 19 9,500.00
711 Poscablo, Petronila S. 25 12,500.00 23 11,500.00
712 Pulido, Elisa 15 7,500.00 14 7,000.00
713 Rafas, Marcosa 5 2,500.00 4 2,000.00
714 Ragasa, Ursula L. 5 2,500.00 2 1,000.00
715 Ramos, Allan O. 5 2,500.00 4 2,000.00
716 Ramos, Emerito 20 10,000.00 20 10,000.00
717 Ramos, Flordeliza 10 5,000.00 6 3,000.00
718 Ramos, Josephine 25 12,500.00 24 12,000.00
31
719 Ramos, Melinda 5 2,500.00 5 2,500.00
720 Ramos, Venus P. 10 5,000.00 10 5,000.00

721 Raymundo, Rowena 15 7,500.00 12 6,000.00
722 Realuyo, Hermogenes 15 7,500.00 14 7,000.00
723 Rebleza, Anita C. 5 2,500.00 5 2,500.00
724 Requilman, Jennifer 5 2,500.00 3 1,500.00
725 Reyes, Enrico C. 80 40,000.00 78 39,000.00
726 Reyes, Esperanza C. 45 22,500.00 45 22,500.00
727 Reyes, Maria Concepcion 5 2,500.00 4 2,000.00
728 Reyes, Pilar M. 10 5,000.00 8 4,000.00
729 Reyteran, Melissa 10 5,000.00 10 5,000.00
730 Riddle, Mercedes 20 10,000.00 19 9,500.00
731 Rido, Nenita 40 20,000.00 39 19,500.00
732 Rivera, Ariel O. 5 2,500.00 5 2,500.00
733 Rivera, Arnel O 10 5,000.00 10 5,000.00
734 Rivera, Flora 5 2,500.00 3 1,500.00
735 Rivero, Annie L. 35 17,500.00 34 17,000.00
736 Roa, Osborn 15 7,500.00 15 7,500.00
737 Rocacorba, Marcela 20 10,000.00 18 9,000.00
738 Rodrigo, Jenny 20 10,000.00 17 8,500.00

AMOUNT
739 Rodrigo, Percival 75 37,500.00 73 36,500.00
740 Rodriguez, Francisca A. 35 17,500.00 32 16,000.00
741 Rodriguez, Jerry A. 20 10,000.00 17 8,500.00
742 Romarate, Belinda 15 7,500.00 13 6,500.00
743 Roque, Susan M. 10 5,000.00 10 5,000.00
744 Rosacia, Plaridel Z. 70 35,000.00 67 33,500.00
745 Rosalado, Joel 5 2,500.00 3 1,500.00
746 Rosalado, Josefina 10 5,000.00 8 4,000.00
747 Rosales, Antonio Jr. 80 40,000.00 77 38,500.00
32
748 Rosales, Lucena 30 15,000.00 27 13,500.00
749 Rosales, Mercedita 30 15,000.00 27 13,500.00

750 Rosales, Teresita 20 10,000.00 20 10,000.00
751 Rosero, Marilou A. 5 2,500.00 5 2,500.00
752 Ruelo, Rex Albert 15 7,500.00 15 7,500.00
753 Saato, John Allan Neil 55 27,500.00 54 27,000.00
754 Sabanal, Crisanto 5 2,500.00 4 2,000.00
755 Sabanal, Marie R. 5 2,500.00 3 1,500.00
756 Sabanal, Rosalinda 20 10,000.00 18 9,000.00
757 Sacuya, Jorlie 5 2,500.00 4 2,000.00
758 Sagun, Ma. Theresa 5 2,500.00 2 1,000.00
759 Salazar, Hazel 50 25,000.00 48 24,000.00
760 Salvador, Aida 40 20,000.00 39 19,500.00
761 Samonte, Manuel 40 20,000.00 37 18,500.00
762 San Juan, Bayani Sr. 25 12,500.00 21 10,500.00
763 San Juan, Fe 40 20,000.00 37 18,500.00
764 San Pedro, Primitiva 20 10,000.00 20 10,000.00
765 San Pedro, Virginia 90 45,000.00 89 44,500.00
766 Santos, Annabel G. 25 12,500.00 22 11,000.00
767 Santos, Cloe Juanita S. 30 15,000.00 27 13,500.00
768 Santos, Thaddea F. 20 10,000.00 17 8,500.00
769 Sasot, Loracel Basilio 5 2,500.00 5 2,500.00
770 Scott, Cecilia O. 10 5,000.00 10 5,000.00
771 Secerio, Albert 5 2,500.00 3 1,500.00
772 Sese, Julielyn 5 2,500.00 1 500.00
773 Sibbaluca, Ma. Lerma 5 2,500.00 2 1,000.00
774 Siervo, Liezel 5 2,500.00 4 2,000.00
775 Silahis, Freddie M. 5 2,500.00 3 1,500.00
776 Simagala, Mary Ann 25 12,500.00 25 12,500.00
777 Simagala, Yolanda 20 10,000.00 19 9,500.00
778 Sistina, Albert 30 15,000.00 29 14,500.00
33
779 Sistina, Elsinda B. 15 7,500.00 13 6,500.00

AMOUNT
780 Sistina, Joselito 5 2,500.00 5 2,500.00
781 Sistina, Nora T. 5 2,500.00 2 1,000.00
782 Sistina, Renato C. 15 7,500.00 13 6,500.00
783 Sistina, Shirley 15 7,500.00 12 6,000.00
784 Sistina, Zenaida 20 10,000.00 19 9,500.00
785 Solis, Melody M. 5 2,500.00 4 2,000.00
786 Soriano, Percy 5 2,500.00 3 1,500.00
787 Sotelo, Niño Ian C. 15 7,500.00 12 6,000.00
788 Sotto, Ben 15 7,500.00 14 7,000.00
789 Sumalde, Henedina 5 2,500.00 3 1,500.00
790 Sun, Rosario 25 12,500.00 25 12,500.00
791 Sy, Leila B. 5 2,500.00 4 2,000.00
792 Tabor, Emma A. 15 7,500.00 15 7,500.00
793 Tabor, Jaime 10 5,000.00 10 5,000.00
794 Tabor, Ma. Magdalena 20 10,000.00 16 8,000.00
795 Tagayun, Bernalyn 30 15,000.00 28 14,000.00
796 Tajan, Gladys Ann L. 20 10,000.00 17 8,500.00
797 Talla, Renato 20 10,000.00 18 9,000.00
798 Tambongco, Gloria 20 10,000.00 18 9,000.00
799 Tan, Ramon 25 12,500.00 21 10,500.00
800 Tan, Susana 25 12,500.00 23 11,500.00
801 Tan, Zenaida 30 15,000.00 29 14,500.00
802 Tanghal, Leticia 30 15,000.00 29 14,500.00
803 Tatel, Jose 20 10,000.00 19 9,500.00
804 Telo, Lilia O. 20 10,000.00 18 9,000.00
34
805 Tenedero, Teresita 5 2,500.00 5 2,500.00
806 Teñido, Rosa S. 20 10,000.00 20 10,000.00
807 Tiansing, Ma. Cecilia D. 20 10,000.00 18 9,000.00
808 Tizon, Myrna C. 30 15,000.00 30 15,000.00
809 Tolentino, Corazon 35 17,500.00 32 16,000.00
810 Tolentino, Efren 5 2,500.00 4 2,000.00
811 Tolentino, Ibarra E. 20 10,000.00 20 10,000.00
812 Torio, Jose Felix 5 2,500.00 3 1,500.00
813 Torres, Fernando M. 15 7,500.00 13 6,500.00
814 Trinidad, Lecilyn 10 5,000.00 6 3,000.00
815 Tuazon, Lolita 10 5,000.00 8 4,000.00
816 Tugade, Josalyza M. 15 7,500.00 13 6,500.00
817 Umpoc, Roxanne F. 15 7,500.00 12 6,000.00
818 Unida, Simplicio G. 40 20,000.00 36 18,000.00
819 Ureta, Jennifer 5 2,500.00 3 1,500.00
820 Valdez, Cecilia 20 10,000.00 19 9,500.00

AMOUNT
821 Valdez, Grace 5 2,500.00 3 1,500.00
822 Valdez, Rosebell L. 5 2,500.00 3 1,500.00
823 Valencia, Josefina 5 2,500.00 4 2,000.00
824 Valenzuela, Eden 35 17,500.00 34 17,000.00
825 Valenzuela, Elenita 70 35,000.00 67 33,500.00
826 Valenzuela, Larkin C. 15 7,500.00 12 6,000.00
827 Vargas, Agnes R. 10 5,000.00 8 4,000.00
828 Velasco, Dan Eric L. 40 20,000.00 37 18,500.00
829 Velasco, Daisyrie 35 17,500.00 31 15,500.00
830 Vencer, Lee 20 10,000.00 18 9,000.00
831 Vergara, Jose Jesus Z. 20 10,000.00 18 9,000.00
832 Vergara, Ma. Teresa M. 20 10,000.00 20 10,000.00

833 Verza, Jovy 15 13
35
7,500.00 6,500.00
834 Viceral, Leonora 45 22,500.00 42 21,000.00
835 Vieron, Edelita G. 10 5,000.00 9 4,500.00
836 Villanueva, Jean Ann 10 5,000.00 7 3,500.00
837 Villanueva, Jose 50 25,000.00 47 23,500.00

838 Villaranda, Maura W. 20 10,000.00 16 8,000.00
839 Villareal, Estelita R. 5 2,500.00 3 1,500.00
840 Villareal, Floreda 20 10,000.00 20 10,000.00
841 Villarias, Florida 20 10,000.00 17 8,500.00
842 Visbal, Marivic 10 5,000.00 6 3,000.00
843 Vizcayno, Greta 15 7,500.00 14 7,000.00
844 Wenceslao, Andres Jr. 35 17,500.00 33 16,500.00
845 Wenceslao, Anita B. 15 7,500.00 12 6,000.00
846 Wenceslao, Annalyn 15 7,500.00 14 7,000.00
847 Wenceslao, Carmen 20 10,000.00 19 9,500.00
848 Wenceslao, Cristina 35 17,500.00 35 17,500.00
849 Wenceslao, Daniel 25 12,500.00 25 12,500.00
850 Wenceslao, Delfin 35 17,500.00 35 17,500.00
851 Wenceslao, Dolores 20 10,000.00 17 8,500.00
852 Wenceslao, Elenita 15 7,500.00 15 7,500.00
853 Wenceslao, Estelito 25 12,500.00 25 12,500.00
854 Wenceslao, George 10 5,000.00 10 5,000.00
855 Wenceslao, Geronimo 5 2,500.00 2 1,000.00
856 Wenceslao, Ruby Jean 70 35,000.00 66 33,000.00
857 Wenceslao,Isidra 35 17,500.00 32 16,000.00
858 Wenceslao, Jose 20 10,000.00 19 9,500.00
859 Wenceslao, Julius D. 10 5,000.00 7 3,500.00
860 Wenceslao, Leonor S. 55 27,500.00 51 25,500.00
861 Wenceslao, Mercedes 25 12,500.00 24 12,000.00

AMOUNT
862 Wenceslao, Pedro 50 50
36
25,000.00 25,000.00
863 Wenceslao, Remedios 20 10,000.00 19 9,500.00
864 Wenceslao, Rhodora 15 7,500.00 13 6,500.00
865 Wenceslao, Ronaldo 5 2,500.00 1 500.00

866 Wenceslao, Teofilo 25 12,500.00 24 12,000.00
867 Yagaya, Raquel 15 7,5000.00 11 5,500.00
868 Yanit, Erlinda 5 2,500.00 5 2,500.00
869 Yasoña, Michael 5 2,500.00 4 2,000.00
870 Yem, Gloria 10 5,000.00 10 5,000.00
871 Yem, Mar C. 45 22,500.00 45 22,500.00
872 Yem, Mercelita 70 35,000.00 69 34,500.00
873 Yson, Aurea 20 10,000.00 17 8,500.00
874 Yson, Bernadette 15 7,500.00 14 7,000.00
875 Yson, Gloria 20 10,000.00 19 9,500.00
876 Yson, Pacita 10 5,000.00 9 4,500.00
877 Yu, Federico Jr. T. 165 82,500.00 165 82,500.00
878 Zafra, Alejandro 10 5,000.00 6 3,000.00
879 Zafra, Carlito 5 2,500.00 3 1,500.00
880 Zapanta, Lourdes 5 2,500.00 4 2,000.00
881 Zaragoza, Gemma E. 70 35,000.00 69 34,500.00
882 Zaragoza, Lovina P. 110 55,000.00 110 55,000.00
883 Zulueta, Michael 5 2,500.00 3 1,500.00
884 Zulueta, Teresita M. 20 10,000.00 19 9,500.00
9,475,000. 8,655,000.0
GRAND TOTAL: 18950 00 17310 0
Article XII
Arbitral Clause
Any dispute, controversy or claim arising out of or relating to this Articles

Cooperation, the cooperation law and related rules, administrative guidelines of the
Cooperative Development Authority, including inter-cooperative, inter-federation
disputes and related concerns, and any question regarding the existence,
interpretation, validity, breach or termination or the business relationship shall be
exclusively referred to and finally resolved by voluntary arbitration under the
institutional rules promulgated by the Cooperative Development Authority, after
37
compliance with the conciliation or mediation mechanisms embodied in the applicable
by-laws and in such other pertinent laws.
BE IT KNOWN THAT:
Mr/Ms. Mercelita C. Yem, has been appointed as Treasurer of this Cooperative

to act as such until her/his successor shall have been duly appointed and qualified in
accordance with the by- laws. As such Treasurer, he/she is authorized to receive
payments and issue receipts for membership fees, share capital subscription and
other revenues, and to pay obligation for and in the name of this Cooperative.
In the WITNESS WHEREOF, we have here unto affixed our signature opposite our
names this ___________ day of ________, 20___ in Bilibiran Binangonan Rizal,
Philippines.
Name of Cooperators Citizenship Signature

Roman Antonil Sr. Filipino Signed
Benito Lirio Filipino Signed
Domingo Francisco Filipino Signed
Peping Tolentino Filipino Signed
Enrique De Mesa Filipino Signed
Felix Bautista Filipino Signed
Luis Lobarbio Filipino Signed
Melanio Cruz Filipino Signed
Raymundo Rosales Filipino Signed
Silvino Gonzales Filipino Signed
Candido Sistina Filipino Signed
Ernesto Cequeña Filipino Signed
Felix Wenceslao Filipino Signed
Glicerio Gervacio Filipino Signed
Hilario Pante Filipino Signed
SIGNED IN THE PRESENCE OF:
Signed: Roman Antonil Sr. Signed: Domingo Francisco

__________________________ ________________________
Signature Over Printed Name Signature Over Printed Name
ACKNOWLEDGEMENT
Republic of the Philippines
Prov./City/Mun. of Binangonan, Rizal) S.S.
Before me, a Notary Public for and in the Province/City/Municipality of

Binangonan, Rizal on this ____________ day of _____________________________ the
following persons personally appeared with their profit of identify as indicate opposite
their respective names:
Names Community Tax Number Place and Date of Issue

Domingo Francisco 04259116 Binangonan Rizal/1/13/99
Peping Tolentino 04184754 Binangonan Rizal/3/10/99
Artemio Morales 04195341 Binangonan Rizal/3/19/99
Enrique De Mesa 04348267 Binangonan Rizal/5/22/99
Felix Bautista 04293117 Binangonan Rizal
Luis Lobarbio 04188879 Binangonan Rizal/2/2/99
38
Melanio Cruz 04198872 Binangonan Rizal
Roman Antonil Sr. 1136375 Binangonan Rizal
Raymundo Rosales 043485324 Binangonan Rizal/5/13/99
Candido Sistina 04188293 Binangonan Rizal/1/13/99
Ernesto Cequeña 04184766 Binangonan Rizal/1/13/99
Felix Wenceslao 04189911 Binangonan Rizal 1/13/99
Glicerio Gervacio 11253749 Binangonan Rizal/6/4/99
Hilario Pante 7111515 Binangonan Rizal/2/12/99
Benito Lirio 04194556 Binangonan Rizal 1/13/99
All known to me be the same persons who executed other foregoing Articles of
Cooperation, and acknowledged to me that the same is their free will and voluntary
deed.
This instrument know as Article of Cooperation consists of Eight pages
including this page where the acknowledgement is written signed by the parties and
their instrumental witnesses on each every page thereof.
Witness my hand and seal this day and place first above mentioned.
Notary Public
Doc No:__417____
Page No:__84___ _____________________________
Book No.___XI__ Notary Public
Series Of:_2010__
39
BY LAWS OF
BILIBIRAN MULTI –PURPOSE COOPERATIVE
KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino Citizens, all of legal age, and residents of the
Philippines, representing at least majority of the members of this primary cooperative,
do hereby adopt the following code of By-Laws.
ARTICLE I
Purpose(s) and Goals
The purpose(s) and goals of this Cooperative are those set forth in its Article of
Cooperation.
ARTICLE II
Membership
Section1.Membership. This Cooperative shall have Regular and Associate
members.
Regular members is one who is entitled to all rights and privileges of membership.
Associate members is one who has no right to vote and be voted upon and shall be
entitled only to such rights and privileges provided in the by-laws.
Section 2.Qualification for Membership- The membership of this Cooperative is
open to all natural persons, Filipino citizen, of legal age, with capacity to contract and,
within the common bond and field of membership described as follows:
1. REGULAR MEMBERS
2. Residence of Brgy. Bilibiran and part of Brgy.Tagpos
3. Associate Member
A.REGULAR MEMBERSHIP the regular membership of this Cooperative is open to
any natural person, Filipino citizen, legal age, with capacity to contract, residing
and/or working in the area of operation and has the following qualification.
a) Completed the prescribed pre-membership education training;
b) Undertake to uphold the By-laws, policies, guidelines rules and regulations
promulgated by the Board of Directors.
c) Paid the required membership fee;
d) Paid the required initial minimum common share capital; Provided that
services of the cooperative for two (2) years from the time he/she was accepted
as such after satisfying the minimum requirements of regular membership and
has signify his/her intention in writing may be accepted as regular member.
B. ASSOCIATE MEMBERSHIP the associate membership of this Cooperative shall be
open to any natural person, Filipino citizen, of legal age, with capacity to contract,
residing and/or working in the area of operation and has the following qualifications;
a) Completed the prescribed pre-membership education training.
Section 3.Requirements for Membership.

A member must have complied with the following requirements:
a) Approved application for membership:
b) Certificate of completion of the prescribed Pre-Membership Education
Seminar(PMES);
c) Subscribed and paid the required minimum share capital and
membership fee: and
d) Patronizing all services
Section 4. Application for Membership. An applicant for membership shall file a

duly accomplished from to the Board of directors who shall act upon he application
within Thirty (30) days from the date of filing. The Board of directors shall devise a
from for the purpose which shall, aside from the personal data of the applicant,
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include the duties of a member to participate in all programs including but not limited
to capital build-up and savings mobilization of the Cooperative and, such other
information as many be deemed necessary.
The application form for membership shall include an undertaking to uphold
the by-laws, policies, guidelines, rules and regulation promulgated by the Board of
Directors and the general assembly, No application for membership fee of one hundred
pesos (P100.00), which shall be refunded to the applicant in case of rejection.
The applicant shall subscribe at least ten shares of the share capital of the
cooperative valued at five hundred pesos (500.00) each. At least two thousand pesos
(2,000) corresponding to twenty five percent (25%) of the subscribed capital shall be
paid upon application, provided the applicant shall pay the unpaid subscription of the
agreed term of payment.
Section 5. Appeal. An applicant whose application was denied by the Board of

Directors may appeal to the appeal and Grievance Committee or the general assembly
by giving notice to the Secretary of the Cooperative within thirty(30) days upon receipt
of the decision.
Section 6.Minimum Share Capital Requirement. An applicant for membership

shall subscribe at least ten (10) share and pay the value of at least Four (4) shares
upon approval of his/her membership.
However, no member shall own or hold more than ten percent (10%) of the total
subscribed share capital of the Cooperative.
Section 7. DUTIES AND RESPONSIBILITIES OF A MEMBER. every member shall

have the following duties.
a) Pay the installment of his/her share capital subscription as it falls due and
to participate in the capital build–up and savings mobilization activities of
the Cooperation;
b) Patronize the Cooperative’s business(es) and services;
c) Participate in the membership education programs;
d) Attend and participate in the deliberation of all matters taken during general
assembly meetings;
e) Observe and obey all lawful orders, decisions, rules and regulations adopted
by the Board of directors and the general assembly; and
f) Promote the purpose and goals of the Cooperative, the success of its
business, the welfare of its members and the cooperative movement in the
general.
Section 7. Rights and privileges of Members. A member shall have the following
rights privileges:
a) Attend during general membership meetings;
b) Avail himself of the services of the Cooperative, subject to certain conditions as

may be prescribed by the Board of directors.
c) Inspect and examine the books of accounts, the minutes books, the share
register, and other records of the Cooperative during reasonable office hours.
d) Secure copies of cooperative records/ documents pertaining to the account

information of the concerned members;
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e) Participate in the continuing education and other training programs of the
cooperative; and
f) Such other rights and privileges as may granted by the General Assembly.
Section 8. Member Entitled to Vote. Any regular member who meets the following
conditions is a member entitled to vote.
a) Paid the membership fee and the value of the minimum shares required for
the membership;
b) Not delinquent in the payment of his/her share capital subscriptions and

other accounts or obligations;
c) Not violated any provision of cooperative laws, CDA administrative issuances,

Articles of Cooperation and this By-laws, terms and condition of the
subscription agreement and decisions, guidelines, rules and regulations
promulgated by the board of directors and the general assembly.
d) Completed the continuing education program prescribed by the Board of

directors.
e) Participated in the affairs of the Cooperative and patronized its businesses in

accordance with cooperative’s policies and guidelines.
Failure of the member to meet any of the above conditions shall mean suspension of
voting rights subject to the declaration of the board of Directors until the same has
been lifted upon the determination of the latter.
Consequently, a member entitled to vote shall have the following additional

rights.
a) Participate and vote on all matters deliberated upon during general assembly
meetings.
b) Seek any elective or appointive position, subject to the provisions of the By-laws
and the Philippine Cooperative Code of 2008; and
c) Such other rights and privileges as may by provided the General Assembly.
Section 9.Liability of Members. A members shall be liable for the debts of the
Cooperative only to the extent of his/her subscribed share capital.
Section 10. Termination of Membership. Termination of membership may be

automatic, voluntary of involuntary, which shall have the effect of extinguishing all
rights of a member in the Cooperative, subject to refund of share capital contribution
under Section 13 hereof.
a) Automatic Termination of Membership. The death or insanity of a

member shall be considered an automatic termination of his/her
membership in the Cooperative.
b) Voluntary Termination. A member may, for any valid reason,

withdraw his/her membership form the Cooperative by giving a sixty (60)
day notice to the Board of Directors.
c) Involuntary Termination. A member may be terminated by a vote of

the following causes.
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i. Has not patronized the service(s)/business(es) of the
Cooperative as provided for in the policies of the
cooperative;
ii. Has continuously failed to comply with his/her obligations

as provided for in the policies of the cooperative;
iii. Has violated any provisions of this By-Laws and the policies
of the cooperative; and
iv. For any act or omission injurious or predicial to the interest

or the welfare of the Cooperative.
Section 11. Manner of Involuntary Termination. The Board of Directions shall

notify in writing the member who is being considered for termination and shall give
him/her the opportunity to be heard.
The decision of the Board of Directors in writing shall be communicated in

person or by registered mail to said member and is appealable within thirty (30) days
from receipt thereof to the General Assembly whose decision shall be final.
Section 12. Refund of Share Capital contribution. A member whose

membership is terminated shall be entitled to a refund of his/her share capital
contribution shall not be made if upon payment the value of the assets of the
Cooperative would be less than the aggregate amount of its debts and liabilities
exclusive of his/her share capital contribution. In which case, the member shall
continue to be entitled to the interest of his/her share capital contributions, patronage
refund and the use of the services of the Cooperative until such time that all his/her
interest in the Cooperative shall have been duly paid.
ARTICLE III
Administration
Section 1. The General Assembly (GA). The general assembly is composed of all
the members entitled to vote, duly assembled and constituting a quorum and is the
highest policy-making body of the Cooperative.
Section 2. Powers of the General Assembly. Subject to the pertinent provisions

of the Cooperative Code and the rules issued there under, the general assembly shall
have the following exclusive powers which cannot be delegated:
a. To determine to approved amendments to the cooperatives. Article of
Cooperation and by-Laws;
b. To elect the members of the Board of Directors, Audit and Election
Committee and to remove them for cause;
c. To approve developmental plans of the cooperative; and
d. To delegate the following power/s to a smaller body of the cooperative:
e. To ensure application of final authority in the implementation of
some activities that involves cooperative affairs.
f. To monitor the approved plans, program and corresponding budget in
order to facilitate completion of the projects or activities in accordance to
specified time frame.
Section 3. Meetings. Meetings of the General Assembly, Board of Directors and

Committees may be regular or special. All proceedings and businesses undertaken at
any meeting of the general assembly or Board of Directors, if within the powers or
authority of the Cooperative, there being a quorum, shall be valid.
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Section 4. Regular General Assembly Meeting. The General Assembly shall hold
its annual regular meeting at the principal office of the Cooperative or at any place
within the area of operation as prescribed by the Board of Directors within ninety (90)
days after the close of its fiscal year.
Section 5. Special General Assembly Meeting. The Board of Directors may, by a

majority vote of all its members, call a special general assembly meeting at any time to
consider urgent matters requiring immediate membership decision. The Board of
Directors must likewise call a special general assembly meeting within one (1) month
from receipt of a written request from:
a. At least ten percent (10%) of the total number of members entitled to
vote;
b. The Audit committee; or
c. The Federation or union to which the Cooperative is a member; or
d. Upon Order of the Cooperative development Authority.
Section 6. Notice of Meeting. All notice of meetings shall be in writing and shall
include the date, time, place, and agenda thereof stated therein .
a. Regular General Assembly Meeting. Notice of the annual regular

general assembly meeting shall be served by the Secretary, personally or
his/her duly authorized representative, by registered mail, or by
electronics means to all members of record at his/her last known postal
address, or by posting or publication, or through other electronic means,
at least one (1) week before the said meeting. It shall accompanied with
the agenda, minutes of meeting of the last general assembly meeting,
consolidated reports of the Board of Directors and Committees, audited
financial statements, and other papers which may assist the members to
intelligently participate in the proceedings.
b. Special General Assembly Meeting. Notice of any special general

assembly meeting shall be served by the secretary personally his/her
duly authorized representative, by registered mail, or by electronic means
upon each members, who are entitled to vote, at his/her last known
postal address, or by posting or publication, or electronics means, at
least one (1) week before the said meeting. It shall state the purpose and,
expect for related issues, no other business shall be considered during
the meeting.
c. Waiver of Notice. Notice of any meeting may be waived, expressly or

impliedly, by the member concerned.
Section 7. Order of Business. As far as practicable, the order of business of a

regular general assembly meeting shall be:
a. Call to order;
b. Declaration/consideration of presence of quorum;
c. Reading, consideration and approval of the minutes of the previous
meeting;
d. Presentation and approval of the reports of the board of directors, officers
and the committees, including audited financial statements of the
Cooperative;
e. Unfinished business;
f. New business;
I. Election of directors and committee members
II. Approval of development and/or annual Plan and Budget
III. Hiring of External Auditor
IV. Other related business matters
g. Announcements; and
h. Adjournment
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Section 8. Quorum for General Assembly Meeting. During regular or special
general assembly meeting, at least twenty five percent (25%) of the total number of
members entitled to vote shall constitute a quorum.
Section 9. Voting System. Only members entitled to vote shall be qualified to

participate and vote in any general assembly meeting, A member is entitled to one vote
only regardless of the number of shares he/she owns.
Election or removal of directors and Committee members shall be by secret
ballot. Action on all matters shall be in any manner that will truly and correctly reflect
the will of the membership. No proxy and/or cumulative voting shall be allowed.
ARTICLE IV
Board of Directors
Section 1. Composition of the Board of Directors (BOD). The Board of Directors

shall be composed of SEVEN (7) members.
Section 2. Functions and Responsibilities. The Board of Directors shall have the
following and responsibilities:
a. Provide general policy direction;
b. Formulate the strategic development plan;
c. Determine and prescribe the organizational and operational structure;
d. Review the Annual Plan and Budget and recommend for the approval of
the GA;
e. Establish policies and procedures for the effective operation and ensure
proper implementation of such;
f. Evaluate the capability and qualification, and recommend to the GA the
engagement of the services of the External Auditor;
g. Appoint the members of the Mediation/Conciliation and Ethics
Committees and other Officers as specified in the Code and cooperative
By-Laws;
h. Declare the members entitled to vote;
i. Decide election related cases involving the Election Committee and its
members;
j. Act on the recommendation of the Ethics Committee on cases involving
violations of Code of Governance and Ethical Standards; and
k. Perform such other functions as may be prescribed in the By-Laws or
authorized by the GA.
Section 3. Qualifications. Any member who are entitled to vote and has the
following qualifications can be elected or continue as member of the Board of
Directors:
a. Has paid the minimum capital requirement;
b. Has no delinquent account with the cooperative;
c. Have continuously patronized the cooperative services;
d. A member in good standing for the last two (2) years;
e. At least (2) years elected officer of the Cooperative of Bilibiran MPC.
f. Completed or willingness to complete within the prescribed period the
required education and training whichever is applicable; and
g. Other qualifications prescribed in the Implementing rules of Regulations
(IRR) of R.A. 9520;
h. For Board of Directors has serve of two years on committee officers.
i. Age 21-65 years old with a healthy body and mind.
Section 4. Disqualifications. Any member who is under any of the following

circumstances shall be disqualified to be elected as a member of the Board of
Directors or any committee, or to continue as such:
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a. Holding any elective position in the government except that of a party list
representative being an officer of a cooperative he/she represents;
b. The members of the board of directors shall not hold any other position
directly involved in the day-to-day operation and management of the
cooperative and any elective/appointive position in any other primary
cooperative.
c. Having direct or indirect personal interest with the business of the
Cooperative;
d. Having been absent for three (3) consecutive meetings or in more than
fifty percent (50%) of all meetings within the twelve (12) month period
unless with valid excuse as approved by the board of directors;
e. Being an official or employee of the Cooperative Development Authority,
except in a cooperative organized among themselves;
f. Having been convicted in administrative proceedings or civil/criminal
suits involving financial and/or property accountability; and
g. Counted until the third degree of consanguinity and affinity.
h. If a member is a government official.
i. Involved in any corruption.
j. Having been disqualified by law.
Section 5. Election of Directors. The members of the Board of Directors shall be

elected by secret ballot by members entitled to vote during the annual regular general
assembly meeting or special general assembly meeting called for the purpose. Unless
earlier removed for cause, or have resigned or become incapacitated, they shall hold
office for a maximum of three (3) terms of two (2) years each or until their successors
shall have been elected and qualified; Provided, that majority of the elected directors
obtaining the highest number of votes during the first election after registration shall
serve for two (2) years, and the remaining directors for one (1) year. Thereafter, all
directors shall serve for a term of three (3) years. The term of the cooperating directors
shall expire upon the election of their successors in the first regular general assembly
after registration.
Section 6. Election of officer within the Board. The Board of Directors shall
convene within ten (10) days after the general assembly meeting to elect by secret
ballot from among themselves the Chairperson and the Vice-Chairperson, and to elect
or appoint the Secretary and Treasurer from outside of the Board.
For committees elected by the General Assembly and /or appointed by the
BOD, procedural process of electing Chairperson, Vice-Chairperson or other positions
among themselves should be in accordance with the process mentioned above.
Section 7. Meeting of the Board of Directors. The regular meeting of the Board
of directors shall be held at least once a month every third (3rd) Saturday. However, the
Chairperson or majority of the directors may at any time call a special board meeting
to consider urgent matters. The call shall be addressed and delivered through the
Secretary stating the date, time and place of such meeting and the matters to be
considered. Notice of regular and special meetings of the Board of Directors, unless
dispend with, shall be served by the secretary in writing or through electronic means
to each director at least two (2) days such meeting.
Majority of the total number of directors constitutes a quorum to transact
business. Any decisions or action taken by the majority members of the Board of
Directors in a meeting duly assembled shall be a valid cooperative act.
Section 8. Vacancies. Any vacancy occurring in the Board of Directors by reason of

death, incapacity, removal or resignation may be filled-up by a majority vote of the
remaining directors, if still constituting a quorum; otherwise, such vacancy shall be
filled by the general assembly in a regular or special meeting called for the purpose.
The elected director shall serve only for the unexpired term of his/her predecessor in
office.
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In the event that the general assembly failed to muster a quorum to fill the
position vacated by directors whose term have expired and said directors refuse to
continue their functions on a hold-over capacity, the remaining members of the board
together with the members of the Audit Committee shall designate, from the qualified
regular members of the general assembly, their replacements who shall serve
temporarily as such until their successors shall have been elected and qualified in a
regular or special general assembly meeting called for the purpose.
If a vacancy occurs in any elective committee it shall be filled by the remaining
members of the said committee, if still constituting a quorum, otherwise, the Board, in
its discretion, may appoint or hold a special election to fill such vacancy.
Section 9. Removal of members of the Board of Directors and Committee

Members. All complaints for the removal of any elected officer shall be filed with the
Board of Directors and such officers shall be given the opportunity to be heard.
Majority of the Board of Directors may place the officer concerned under preventive
suspension pending the resolution of the investigation. Upon finding of a prima facie
evidence of guilt, the Board of Directors shall present its recommendation for removal
to the general assembly. For this purpose, the Board of Directors shall provide policy
on suspension.
An elective officer may be removed by three-fourths 3/4) of the regular members
present and constituting a quorum, in a regular or special general assembly meeting
called for the purpose. The officer concerned shall be given the opportunity to be heard
at said assembly.
In cases where the officers sought to be removed consist of the majority of the
BOD at least 10% of the members with voting rights may file a petition with CDA upon
failure of the BOD to call an assembly meeting to commence the proceeding for their
removal. The decision of the GA on the matter is final and executor.
An officer appointed by the Board of Directors may be removed from office for
cause by a majority vote of all members of the Board of Directors.
Section 10. Prohibitions. Any member of the Board of Directors shall not hold any
other position directly involved in the day-to-day operation and management of the
cooperative nor engage in any business similar to that of the cooperative or who in any
way has a conflict of interest with it.
ARTICLE V
Committees
Section 1.Audit Committees. An Audit Committees is hereby created and shall be

composed of three (3) members to be elected during a general assembly meeting and
shall hold office for a term of two (2) years or until their successors shall have been
elected and qualified. Within ten (10) days after their election, they shall elect from
among themselves a Chairperson, Vice-Chairperson and a Secretary. No member of
the committee shall hold any other position within the cooperative during his/her
term of office. The Committee shall provide internal audit service, maintain a complete
record of its examination by the Board and the general assembly.
The audit committee shall be directly accountable and responsible to the
General Assembly. It shall have the power and duty to continuously monitor the
adequacy and effectiveness of the cooperative’s management control system and audit
the performance of the cooperative and its various responsibility centers.
Section 2. Functions and Responsibilities. The Audit Committee shall:

a. Monitor the adequacy and effectiveness of the cooperative’s management and
control system;
b. Audit the performance of the cooperative and its various responsibility centers;
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c. Review continuously and periodically the books of account and other financial
records to ensure that these are in accordance with the cooperative principles
and generally accepted accounting procedures;
d. Submit reports on the results of the internal audit and recommend necessary
changes on policies and other related matters on operation to the board of
directors and GA;
e. Recommend or petition to the Board of Directors the conduct of special general
assembly when necessary; and
f. Perform such other functions as may be prescribed in the by-laws or authorize
by the GA.
Section 3. Election Committee. An Election Committee is hereby created and

shall be composed of three (3) members to be elected during a general assembly
meeting and shall hold office for a term of two (2) years or until their successors shall
have been elected and qualified. Within ten (10) days after their election they shall
elect from among themselves a Chairperson, Vice-Chairperson and a Secretary. No
member of the committee shall hold any other position within the Cooperative during
his/her term office.
Section 4. Functions and Responsibilities. The Election Committee shall:

a. Formulate election rules and guidelines, and recommend to the GA for
approval;
b. Implement election rules and guidelines duly approved by the GA;
c. Recommend necessary amendments to the election rules and guidelines, in
consultation with the Board of Directors, for approval of GA;
d. Supervise the conduct, manner and procedure of election and other election
related activities and act on the changes thereto;
e. Canvass the certify the results of the election;
f. Proclaim the winning candidates;
g. Decide election and other related cases except those involving the Election
Committee or its members; and
h. Perform such other functions as prescribed in the By-laws or authorized by the
GA.
Section 5. Education and Training Committee. An Education and Training

Committee is hereby created and shall be composed of five (5) members to be
appointed by the Board of Directors and shall serve for a term of one (1) year, without
prejudice to their reappointment. Within ten (10) days after their appointment, they
shall elect from among themselves a Vice Chairperson and a Secretary. The Vice
Chairperson of the Board of Directors shall act as the Chairperson of the Committee.
The committee shall be responsible for the planning and implementation of the
information, educational and human resource development programs of the
Cooperative for its members, officers and the communities within its area of operation.
Section 6. Functions and Responsibilities. The Education and Training

Committee shall:
a) Keep members, officers, staff well-informed regarding Cooperatives
goals/objectives, policies and procedures, services, etc.
b) Plan and implement educational program for coop members, officers and staff;
c) Develop promotional and training materials for the Cooperative; and
d) Conduct/coordinate training activities.
Section 7. Mediation and Conciliation Committee. A Mediation and

Conciliation Committee is hereby created and shall be composed of three (3) members
to be appointed by the Board of Directors. Within then (10) days after their
appointment, they shall elect from among themselves a Chairperson, Vice Chairperson
and a Secretary who shall serve for a term of one (1) year or until successors shall
have been appointed and qualified. No member of the Committee shall hold any other
position in the cooperative during his/her term office.
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Section 8. Functions and Responsibilities. The Mediation and Conciliation
Committee shall;
a. Formulate and develop the Conciliation-Mediation Program and ensure that it is
properly implemented;
b. Monitor Conciliation-Mediation program and processes;
c. Submit semi-annual reports of the cooperative cases to the Authority within 15
days after the end of every semester;
d. Accept and file Evaluation Reports;
e. Submit recommendations for improvements to the BOD;
f. Recommend to the BOD any member of the cooperative for Conciliation-
Mediation Training as Cooperative Mediator-Conciliator;
g. Issue the Certificate of Non-Settlement; and
h. Perform such functions as may be prescribed in the By-laws or authorized by
the GA.
Section 9. Ethics Committee. An Ethics Committee is hereby created and shall be

composed of Three (3) members to be appointed by the Board of Directors. Within ten
(10) days after their appointment, they shall elect from among themselves a
Chairperson, Vice Chairperson and a Secretary who shall serve for a term of one (1)
year or until successors shall have been appointed and qualified. No member of the
Committee shall hold any other position in the Cooperative during his/her term of
office.
Section 10. Function and Responsibilities. The Ethics Committee shall;

a. Develop Code of Governance and ethical Standard to be observed by the
members, officers and employees of the cooperative subject to the approval of
the BOD and ratification of the GA.
b. Disseminate , promote and implement the approve Code of governance and
Ethical Standard;
c. Monitor compliance with the Code of Governance and Ethical Standards and
recommend to the BOD measures to address the gap, if any:
d. Conduct initial investigation or inquiry upon receipt of a complaint involving
Code of governance and Ethical Standard and submit report to the BOD
together with the appropriate sanctions;
e. Recommend ethical rules and policy to the BOD.
f. Perform such other functions as may be prescribed in the By-laws or authorized
by the GA.
Section 11. Gender and Development Committees- a gender and development

(GAD) Committee shall be composed of three (3) members to be appointed by the
Board of Directors provided that at least one member shall come from the Board. The
Committee shall elect from among themselves a Chairpersons. The co mittee members
shall hold office until replaced by the Board.
Section 12. Functions and Responsibilities. The Gender and Development
GAD committee shall:
a) Conduct gender analysis;
b) Develop and recommend Gender and Development (GAD) and Gender
Equality (GE) policies and programs/activities/projects to the Board;
c) Monitor and assess progress in the implementation of Gender Equality
(GE);
d) Submit report to the Board; and
e) Provide directional guide.
SECTION 12. Other Committees. By a majority vote of all its members, the Board
of Directors may form such other committees as may be deemed necessary for the
operation of the Cooperative.
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ARTICLE IV
Officers and Management Staff of the Cooperative
Section 1. Officers and their Duties. The officers of the cooperative shall include
the Members, of the board of Directors, Members of the Different Committee created
by the General Assembly, General Manager or Chief Executive Officer, Secretary,
Treasurer and members holding other positions as may be provided for in this By-
laws, shall serve according to the functions as may be provided for in this By-laws,
shall serve according to the functions and responsibilities of their respective officers as
follows;
a. Chairperson- the Chairperson shall:
I. Set the agenda for board meetings in coordination with the other
members of the BOD;
II. Preside over all meetings of the Board of Directors and of the
general assembly;
III. Sign contracts, agreements, certificate and other documents on
behalf of the cooperative as authorized by the Board of Directors
or by the GA;
IV. Issue Certificate of NON-Affiliation with the Federation or Union;
and
V. Perform such other functions as may be authorized by the BOD or
by the GA.
b. Vice-Chairperson- the Vice Chairperson shall;
I. Perform all the duties and responsibilities of the Chairperson in
the absence of the latter;
II. Act as ex-officio chairperson of the Education and Training
Committee; and
III. Perform such other duties as may be delegated by the board of
directors.
c. Treasurer- the Treasurer shall:
I. Ensure that all cash collection are deposited in accordance with
the policies set by the BOD;
II. Have custody of all funds, securities, and documentation relating
to all assets, liabilities, income and expenditures;
III. Implement the duly approved plans and programs of the
cooperative and any other directive or instruction of the BODs;
IV. Provide and submit to the BODs monthly reports on the status of
the coop’s operation vis-à-vis its target and recommend appreciate
policy or operational changes, if necessary;
V. Represent the cooperative in any agreement, contract, business
dealings, and in any other official business transaction as may be
authorized by the BODs;
VI. Ensure compliance with all administrative and other requirements
of regulatory bodies; and
VII. Perform such other functions as may be prescribed in the By-laws
or authorized by the GA.
d. Secretary – the Secretary shall –

I. Keep an updated and complete registry of all members;
II. Record, prepare and maintain records of all minutes of meetings
of the Board of Directors and the General/Representative
Assembly;
III. Ensure that the necessary actions and decisions of the Board of
Directors are transmitted to the management for compliance and
implementation;
IV. Issue and certify the list of members who are entitled to vote as
determined by the Board of Directors;
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V. Prepare and issue Share certificates and maintain the share and
transfer book;
VI. Serve notice of all meetings called and certify the presence of
quorum in the conduct of all meetings of the Board of directors
and the General/ Representative Assembly;
VII. Keep copies of the Treasurer’s reports and other reports;
VIII. Perform such other functions as may be prescribed in the BY-
Laws or authorized by the Board of Directors.
Section 2. Liabilities of Directors, Officers and Committees Members.

Directors, officers and committee members, who are willfully and knowingly vote
for or assent to patently unlawful acts, or who are guilty of gross negligence or bad
faith in directing the affairs of the Cooperative or acquire any personal or pecuniary
interest in conflict with their duties as Directors, officers or committee members shall
be liable jointly and severally for all damages resulting there from to the Cooperative,
members and other persons.
When a director, officer or committee member attempts to acquire, or acquires
in violation of his/her duties, any interest or equity adverse to the Cooperative in
respect to any matter which has been reposed in him/her in confidence, he/she shall,
as a trustee for the Cooperative, be liable for damages or loss of profits which
otherwise would have accrued to the Cooperative.
Section 3. Management Staff- a core management team composed of manager,

cashier, bookkeeper, accountant, and other position as may be necessary or as
provided for in their Human Recourse manual shall take charge of the day-to-day
operations of the cooperative. The Board of Directors shall appoint, fix their
compensation and prescribe for the functions and responsibilities.
Section 4. Qualification of the General Manager. No person shall be appointed

to the position of General Manager unless he/she possesses the following qualification
and none of the disqualification her in enumerated;
a. Must be familiar with the business operation of the Cooperative;
b. Must be College level or have at least two (2) years experience in the operations
of Cooperative or related business;
c. Must not be engaged directly or indirectly in any activity similar to the business
of the Cooperative;
d. Must not have been convicted of any administrative, civil or criminal cases
involving moral turpitude, gross negligence or grave misconduct in the
performance of his/her duties;
e. Must be of good moral character;
f. Must not have been convicted of any administrative, civil or criminal case
involving financial and/or property accountabilities at the time of his/her
appointment; and
g. Must undergo pre-service and/or in-service trainings.
Section 5. Duties of Cashier. The cashier of the Cooperative, who shall be under
supervision and control of the General manager shall;
a. Handles monetary transactions;
b. Receives/collect payments and deposits;
c. Responsible for money received and expended;
d. Prepare reports on money matters; and
e. Perform such other duties as the Board of Directors may require.
Section 6. Duties of the Accountant. The Accountants of the Cooperative, who

shall be under supervision and control of the general manager shall;
a. Install an adequate and effective accounting system within the
Cooperative;
51
b. Render reports on the financial condition and operations of the
Cooperative monthly, annually or as may be required by the Board of the
Board Directors and/or the general assembly.
c. Provide assistance to the Board of Directors in the preparation of annual
budget;
d. Keep, maintain and preserve all books of accounts, documents, vouchers
contracts and other records concerning the business of the Cooperative
and make them available for auditing purposes to the Chairperson of the
Audit Committee; and
e. Perform such other duties as the Board of Directors may require.
Section 7. Duties of the Bookkeeper. The bookkeeper of the Cooperative who is

under supervision and control of the Accountant shall;
a. Records and update books of accounts;
b. Provide assistance in the preparation of reports on the financial
condition and operation of the Cooperative monthly, annually or as may
be required by the Board of Directors and/or the general assembly;
c. Keep, maintain and preserve all books of accounts, documents,
vouchers, contracts and other records concerning the business of the
Cooperative and make them available for auditing purposes to the
Chairperson of the Audit Committee; and
d. Perform such other duties as the Board of Directors may require.
Section 8. Qualification of Accountant, Cashier, and Bookkeeper. No person

shall be appointed to the position of accountant and bookkeeper unless they possess
the following qualifications and none of the disqualifications herein enumerated:
a. Bachelors degree in accountancy must be required for accountant,
however, cashier and Bookkeeper must be knowledgeable in handling
monetary transaction, accounting and bookkeeping;
b. Must have at least two (2) years experience in Cooperative or related
business;
c. Must not be engaged directly or indirectly in any activity similar to the
business of the Cooperative;
d. Must not be convicted of any administrative, civil or criminal case
involving moral turpitude, gross negligence or grave misconduct in the
performance of his/her duties;
e. Must be of good moral character;
f. Must be willing to undergo pre-service and/or in-service trainings in
accountings; and
g. Must not have been convicted of any administrative, civil or criminal case
involving financial and/or property accountabilities at the time of his/her
appointment.
Section 9. Compensation. Subject to the approval of the general assembly, the

members of the Board of Directors and Committees may, in addition to per diems for
actual attendance to board and committee meetings, and reimbursement of actual and
necessary expenses while performing functions in behalf of the cooperative, be given
regular compensation; Provided, further, that the directions and officers shall not be
entitled to any per diem when, if in the preceding calendar year, the cooperative
reported a net loss or had a dividend rate less than the official inflation rate for the
same year.
ARTICLE VII
Capital Structure
Section 1. Source of Funds. The Cooperative may derive its funds from any or all of
the following sources;
a. Member’s share capital contribution;
52
b. Loans and borrowings including deposits;
c. Revolving capital build-up which consist of the deferred payment of
patronage refund or interest on share capital;
d. Subsidies, grants, legacies, aids, donations and such other assistance
from any local or foreign institution, public or private.
e. Retentions from the proceeds of service acquired/goods procured by
members; and
f. Other sources of funds as may be authorized by law.
Sections 2. Continuous Capital Build-Up. Every member shall have invested in

any or all of the following;
a. At least Fifty pesos (Php. 50.00) per month.
b. At least Fifty percent (50%) of his/her annual interest on capital and
patronage refund; and
c. At least Three percent (3%) of loan granted.
Section 3. Borrowing. The Board of Directors, upon approval of the general

Assembly, may borrow funds from any source, local or foreign, under such terms and
conditions that best serve the interest of the Cooperative.
Section 4. Revolving Capital. To strengthen the capital structure of the

Cooperative, the General Assembly may authorize the Board of Directors to raise a
revolving capital by deferring the payment of patronage refunds and interest on share
capital, or such other schemes as may be legally adopted. To implement this provision,
the Board of Directors shall issue a Revolving capital Certificate with serial number,
name, rate of interest, date of retirement and such other privileges or restrictions as
may be deemed just and equitable.
Section 5. Retentions. The General Assembly may authorize the Board of Directors
to raise additional capital by deducting a certain percent on a per unit basis from the
proceeds of service acquired and/or goods procured by members.
Section 6. Share Capital Contribution. Share Capital Contribution refers to the

value of capital subscribed and paid for by member in accordance with its Articles of
Cooperation.
Section 7. Share Capital Certificate. The Board of Directions shall issue a Share
Capital Certificate only to a member who has fully paid his/her subscription. The
certificate shall be serially numbered and contain the share holder’s name, the
number of shares owned the par value , and duly signed by the Chairperson and the
Secretary, and bearing the official seal of the cooperative. All certificates issued and/or
transferred shall be registered in the cooperative’s Share and Transfer Book.
The number of paid share required for the issuance of Share Capital Certificate
shall be determined by the Board of directors.
The shares may be purchased, owned or held only by persons who are eligible
for membership. Subject to existing government rules or laws, interest shall be paid
only to paid-up shares which may be in cash; or credited as payment of unpaid
subscriptions, outstanding accounts, or additional shares or to the revolving fund of
the cooperative.
Section 8. Transfer of Shares. The Cooperative shall have the first option to buy
any share offered for sale. The amount to be paid for such shares shall be the par
value provided that;
a. He has held such shares or interest for not less than one (1) year:
b. The transfer is made to a member of the cooperative or to a person who
falls within the field of membership of the cooperative, and that said
person is acceptable to the cooperative; and
53
c. The Board of Directors has approved such transfer.
The transfer of shares shall not be binding to the cooperative until such
Transfer has been registered in the share and transfer book. No transfer
shall be completed until the old certificate have been endorsed and surrendered
to the Cooperative and a new certificate is issued in the name of the member-
transferee. The corresponding transfer fee shall be collected from the transferee
as prescribed in the cooperative policy.
In case of lost or destroyed share certificate, the Board of Directors may
issue a replacement after the owner thereof executes a sworn affidavit, setting
forth the following:
a. Circumstances as to how, when and where said certificate was lost
or destroyed;
b. The serial number of the certificate; and the number of the share
it represents;
c. The lost or destroyed certificates has never been transferred, sold
or endorsed to any third party, that should the same be found, the
owner shall surrender it to the cooperative; and
d. That any false representation or statement made in the aforesaid
affidavit shall be a ground for expulsion from the cooperative.
ARTICLE VIII
Operations
Section 1. Primary Consideration. Adhering to the principle of service over and
above profit, the Cooperative shall endeavour to:
a. Engage in:
I. Water operation
II. Consumer operation
III. Credit operation
IV. Water refilling operation
V. SAVINGS
VI. Rental services
VII. MONEY TRANSFER OF REMITTANCE AND OTHER FINACIAL
SERVICES
VIII. COMMUNITY SERVICES
b. Formulate and implement program strategies that will provide its
members and the communities within its area of operation needed
goods/services;
c. Adopt and implement plans and programs which ensure the continued
build-up of the cooperative’s capital structure with the end view of
establishing other needed services for the members and the public;
d. Formulate and implement studies and/or programs that will address the
needs of members.
ARTICLE IX
Allocation and Distribution of Net Surplus
Section1. Allocation- At the end of its fiscal year, the Cooperative shall allocate and
distribute its net surplus as follows:
a. Reserve Fund Ten percent (10%) shall be set aside for reserve Fund
subject to the following rules, Provided, that in the first five (5) years of
operation after registration, this amount shall not be less than fifty per
centum (50%) of the net surplus:
I. The reserve fund shall be used for the stability of the Cooperative
and to meet net losses in its operations. The general assembly
may decrease the amount allocated to the reserve fund when it
has already exceeded the authorized share capital. Any sum
recovered on items previously charged to the reserve fund shall be
credited to such fund.
54
II. The reserve fund shall not be utilized for investment, other than
those allowed in the Cooperative Code. Such sum of the reserve
fund any project that would expand the operation of the
cooperative upon the resolution of the general assembly.
III. Upon the dissolution of the cooperative, the reserve fund shall not
be distributed among the members. However, the general
assembly may resolve;
a. To establish use fractural fund for the benefit of any
federation or union to which the cooperative is affiliated; or
b. To donate, contribute or otherwise dispose of the amount
for the benefit of the community where the cooperative
operates. If the member could not decide on the disposition
of the reserve funds, the same shall given to the federation
or union to which the cooperative is affiliated.
b. Education and Training Fund. Ten percent (10%) shall be set aside for
Education and training fund;
I. Half of the amount allocated to the education and training fund annually
under this subsection may be spent by the cooperative for education and
training purposes; while the other half may be remitted to a union or
federation chosen by the cooperative or of which member.
II. Upon the dissolution of the cooperative, the unexpended balance of the
education and training fund pertaining to the cooperative shall be
credited to the cooperative education and training fund of the chosen
union or federation.
c. Community Development Fund Five percent (5%) shall be used for projects
and activities that will benefit the community where the cooperative operates.
d. Optional Fund. Five percent (5%) shall be set aside for Optional Fund for
land and building, and any other necessary fund.
Section 2. Interest on Share Capital and Patronage Refund. The

remaining net surplus shall be made available to the members in the form of
interest on share capital not to exceed the normal rate of return on investment and
patronage refunds. Provided, that any amount remaining after the allowable
interest and the patronage refund have been deducted shall be credited to the
reserved to the reserve fund. The sum allocated for patronage refund shall be made
available at the same rate to all patrons of the cooperative in proportion to their
individual patronage, provided that;
a. In the case of a member patron with paid-up share capital contribution,
his/her proportionate amount of patronage refund shall be paid to
him/her unless he/she agrees to credit the amount to his/her account
as additional share capital contribution.
b. In the case of member patron with unpaid share capital contribution,
his/her proportionate amount of patronage refund shall be credited to
his/her account until the share capital has been fully paid.
c. In the case of non-member patron, his/her proportionate amount of
patronage refunds shall be set aside in a general fund for such patron
and shall be allocated to individual non-member patron and only upon
and shall be allocated to individual non-member patron and only upon
request and presentation of evidence of the amount of his/her patronage.
The amount so allocated shall be credited to such patron toward
payment of the minimum capital contribution for membership. When a
sum equal to this amount has accumulated at any time within two (2)
years, such patron shall be deemed and become a member of the
cooperative if he/she so agrees or requests and complies with the
provisions of the bylaws for admission to membership; and
d. If within the period specified hereof, any subscriber who has not fully
paid his/her subscribed share capital or any non-member patron who
55
has accumulated, the sum necessary for membership, but who does not
request nor agree to become a member or fails to comply with the
provisions of this bylaws for admission to membership, the amount so
accumulated or credited to their account together with any part of the
general fund for non-member patron shall be credited to the Reserve
Fund or to the Education and Training Fund of the cooperative, at the
option of the cooperative.
ARTICLE X
Settlement of Disputes
Section 1. Mediation and Conciliation. All inter and intra-cooperative disputes

shall be settled within the cooperative in accordance with the pertinent Guidelines
issued by the Cooperative Development Authority, Art 137 of Republic Act. No. 9520
and its Implementing Rules and Regulations, Alternative Dispute Resolution Act of
2014 and its supplementary laws.
Section 2. Voluntary Arbitration. Any dispute, controversy or claim arising out of

or relating to this By-laws, the cooperative law and related rules, administrative
guidelines of the Cooperative Development Authority, including disputes involving
members, officers, directors, and committee, members, intra-cooperative disputes and
related issues, and any question regarding the existence, interpretation, validity,
breach or termination of agreements, or the membership/general assembly concerns
shall be exclusively referred to and finally resolved by voluntary arbitration under the
institutional rules promulgated by the Cooperative Development Authority, after
compliance with the conciliation or mediation mechanisms embodied in the bylaws of
the cooperative, and in such other applicable laws.
Section 3.Disputes Involving Members of the Mediation and Conciliation.

If one or both parties are members of the Conciliation Committee, the
Chairperson of the Committee shall communicate in writing such fact to the
Chairperson of the Board of Director who shall forthwith call a special board meeting
to form a five-man Special Conciliation Committee created by the Board of Directors
for the purpose. The Special committee shall convene immediately and after electing
from among themselves the Chairperson, Vice Chairperson and the Secretary ,proceed
to resolve the case in accordance with the procedures prescribed in the preceding
section. The committee shall automatically cease to exist upon the final resolution of
the controversy.
ARTICLE XI
Miscellaneous
Section 1. Investment of Capital. The Cooperative may invest its capital in any or
all of the following;
a. Shares or debentures or securities of any other cooperative;
b. Any reputable bank in the locality or any cooperative and cooperative
banks;
c. Securities issued or guaranteed by Government;
d. Real Estate primarily for the use of the Cooperative or its members; or
e. In any other manner approved by the general assembly.
Section 2. Accounting System. The Cooperatives shall keep, maintain and preserve
all its books of account and other financial records in accordance with generally
accepted accounting principles and practices, applied consistently from year to year,
and subject to existing laws, rules and regulations.
Section 3. Financial Audit, Performance Audit, and Social Audit. At least

once a year, the Board of Directors shall cause, in consultation with the Audit
Committee, the audit of the books of accounts of the Cooperative, performance audit
56
and social audit by CDA Accredited Independent Certified Public Accountant,
Accredited Social Auditor, and Cooperative Compliance Officer/ Audit Committee.
SECTION 4 REPORTS REQUIRED FOR COOPERATIVE.

a) Legal Basis- the legal basis for the Rule is Art. 53 of this Code, quoted as
follows:
Art.53 reports
1) Every cooperatives shall draw up regular reports of its program of
activities, including those in pursuance of their socio-civic undertakings,
showing their progress and achievements at the end of every fiscal year.
The reports shall be made accessible to its members, and copies thereof
shall be furnished to all its members of record. These reports shall be
filed with the authority within one hundred twenty (120) days from the
end of the calendar year. The form and contents of the reports shall be as
prescribed by the rules of the Authority. Failure to file the required
reports shall be as prescribed by the Authority, and shall be a ground
for the revocation of authority of the cooperative to operate as such. The
fiscal year of every cooperative shall be the calendar year, except as may
be otherwise provided in the by-laws.
2) Is a cooperative fails to make, publish and file the reports required
herein, or fails to include therein any matter required by this Code, the
Authority shall, within fifteen (15) days from the expiration of the
prescribed period, send such cooperative a written notice, stating its
non-compliance and the commensurate fines and penalties that will
imposed until such time that the cooperative has complied with the
requirements.
b. Required Regular Reports. Al cooperatives registered with the Authority
shall be required to submit annually, the Cooperative Annual Progress
Report (CAPR) with the following attachments:
i. Social Audit Report including its program of activities pursuant to its
socio-civic goals of the cooperative.
ii. Performance Audit Report, including copies of the semi-annual Report on
mediation and conciliation as received by the Authority pursuant to EO
97.
iii. Audited Financial Statement: and
iv. List of Officers and Trainings Undertaken/Completed.
In the case of CDA registered electric Cooperative, they shall be required to submit the
List of Members issued with Share capital Certificate in addition to the Cooperative
Annual General Assembly Meeting.
a) Additional Attachments for Federation and Unions. In addition to the above,
Federations and Unions shall submit to the Authority the following on an
Annual basis.
i. List of affiliates and cooperative which have remitted their
prospective Cooperative Education and Training Funds (CETF).
ii. Business consultancy assistance to include the nature and cost,
including the use of CETF; and
iii. Other training activities undertaken specifying therein the nature,
participants, and cost of each activity.
b. Mode of Filing Reports. All registered cooperatives shall file with Authority a
copy of the required reports either through personal deliver. By registered mail,
by courier service, or electronic means, within one hundred twenty (120) days
from the end of each calendar year. The date of mailing the required reports
either by registered mail, by courier service, or by electronic means shall be
considered the date of filing.
For reports submitted by electronic means the Authority shall be furnished the
printed copy of the electronically transmitted report within five (5) days from the
date of transmission. Failure of the cooperative to furnish the Authority with a
printed copy shall be considered in delay in the submission. Likewise, any material
alternation or tampering, which made the electronic documents different from the
57
original shall be considered as if no report has been filled and the electronic
documents have never been received.
e. Form of the Reports. The reports shall be typewritten or printed in a form
prescribed by the Authority, duly certified by the Accountable Officers as specified in
Section 8 hereof.
f. Delay in the Filing of the Report failure to file reports on the prescribed time as
provided in this Rule shall be considered in Delay, However if the delay is due to
fortuitous events, including but not limited to fire, storms, or other natural calamities;
an order from any competent court or government agency; or a declared national
emergency.
Section 5. Annual Report. During the annual regular assembly meeting, the
Cooperative shall submit a report of its operation to the general assembly together
with the audited financial statements, performance audit, social audit reports and list
of officers and trainings undertaken/completed. The annual report shall be certified by
the Chairperson and Manager of the Cooperative as true and correct in all aspects to
the best of their knowledge.
The cooperative shall submit the web-based Cooperative Annual Performance

Report (CAPR) together with the following attachments to the Authority within (120)
days from the end of every calendar year:
a. Social Audit Report’;
b. Performance Report including semi-annual Mediation and Conciliation
Report;
c. Audited Financial Statement; and
d. List of officers and trainings undertaken/completed.
Section 6. Semi Annual Report. Semi Annual report of the Mediation and Conciliation
Committee as to the cases they have handled/mediated.
ARTICLE XII
Amendments
Section 1. Amendments of Articles of Cooperation and By-laws. Amendments

to the Articles of Cooperation and this By-laws may be adopted at least two-thirds(2/3)
votes of all members with voting rights without prejudice to the rights of dissenting
members to withdraw their membership under the provisions of the Philippine
Cooperative Code of 2008.
The amendment/s shall take effect upon approval by the Cooperative
Development Authority.
Voted and adopted this ____ day of _______, __________in Bilibiran Elementary
School Bilibiran, Binangonan Rizal Philippines.
Name Citizenship Signature
Roman Antonil Sr. Filipino Signed

Signed
Domingo Francisco Filipino
Signed
Peping Tolentino Filipino
Signed
Enrique De Mesa Filipino
Signed
Felix Bautista Filipino
Signed
Luis Lobarbio Filipino
58
Signed
Melanio Cruz Filipino
Signed
Raymundo Rosales Filipino
Signed
Silvino Gonzales Filipino
Signed
Candido Sistina Filipino
Signed
Ernesto Cequeña Filipino
Signed
Felix Wenceslao Filipino
Signed
Glicerio Gervacio Filipino
Signed
Hilario Pante Filipino
We, constituting the majority of the Board of Directors of the Bilibiran Multi-Purpose
Cooperative do hereby certify that the foregoing instrument is the Code of By-laws of
this Cooperative.
Signed this _____ of_________, _________ in Bilibiran Binangonan Rizal
________________________
Chairperson
______________________ ________________________
Vice Chairperson Director
________________________ ___________________________
Director Director
__________________________ ___________________________
Director Director
59

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BILIBIRAN MULTI-PURPOSE COOPERATIVE

#0867 National Road Bilibiran Binangonan, Rizal

GENERAL ASSEMBLY RESOLUTION AMENDING PROVISION THE ARTICLE OF

GA. RESOLUTION NO_03-09 SERIES 2018

EXISITING PROVISIONS AMENDED PROVISION

EXISITING PROVISION AMENDED PROVISION

Any disputes, controversy or claim arising

PAG –AAYOS NG SIGALOT ARTICLE X SETTLEMENT DISPUTES

Ang anumang sigalot na nagmula sa Section 1. Mediation and Conciliation

ELSINDA B. SISTINA AUREA C. ISON

MYRNA Q. CRUZ DOMINADOR C. CEQUENA

ANTONIO S. ROSALES VIRGINIA SAN PEDRO

Republic of the Philippines)

WITNESS MY HAND AND NOTARY SEAL

KNOW ALL MEN BY THESE PRESENTS:

AND WE HEREBY CERTIFY:

1. To distribute a high quality water service to all the members and

1. To the exclusive use of its registered name:

That the common bond of membership of this Cooperative is Residential and

Name Citizenship Address

a) FIFTEEN MILLION PESOS (15,000,000.00 php) equivalent to ONE

NO. OF AMOUNT OF NO. OF

1 Abalos, Maria Conchita B. 20 10,000.00 19 9,500.00

2 Abastillas, Rose Ann 10 5,000.00 10 5,000.00

3 Abdon, Cresencio Jr. C. 35 17,500.00 35 17,500.00

4 Ablir, Maricel R. 50 25,000.00 50 25,000.00

5 Adducol, Fernando B. 15 7,500.00 12 6,000.00

6 Adonis, Sherlita P. 25 12,500.00 22 11,000.00

7 Adopina, Fernando C. 5 2,500.00 5 2,500.00

8 Adriano, Andrea Marie M. 30 15,000.00 27 13,500.00

9 Adriano, Florencia F. 40 20,000.00 38 19,000.00

11 Adriano, Romeo F. 10 5,000.00 10 5,000.00

12 Agagon, Cecilia 10 5,000.00 7 3,500.00

13 Agravante, Virginia R. 20 10,000.00 16 8,000.00

14 Aguila, Joanna C. 20 10,000.00 18 9,000.00

15 Aguilar, Francisco K. 30 15,000.00 29 14,500.00

16 Alas, Minerva G. 30 15,000.00 28 14,000.00

17 Alejo, Adelfa P. 15 7,500.00 13 6,500.00

18 Alejo, Dolores A. 15 7,500.00 12 6,000.00

19 Alejo, Joy C. 15 7,500.00 12 6,000.00

20 Alex, Alfredo A. 20 10,000.00 18 9,000.00

21 Aman, Geronima 10 5,000.00 10 5,000.00

22 Ambrosio, Getulio III M. 15 7,500.00 12 6,000.00

23 Amodo, Luzviminda 15 7,500.00 15 7,500.00

24 Amolo, Merlie D. 10 5,000.00 9 4,500.00

25 Amoroso, Roselyn B. 30 15,000.00 26 13,000.00

26 Añain, Marissa 20 10,000.00 16 8,000.00

27 Anasco, Ma Cristina 25 12,500.00 24 12,000.00

28 Andres, Angelita 20 10,000.00 17 8,500.00

29 Anore, Agapita DL 20 10,000.00 17 8,500.00

30 Anore, Imelda F. 15 7,500.00 14 7,000.00

31 Anorico, Eden 30 15,000.00 26 13,000.00

32 Anorico, Gina G. 15 7,500.00 12 6,000.00

33 Antalan, Avelino H. 25 12,500.00 24 12,000.00

34 Antalan, Loreta P. 25 12,500.00 23 11,500.00

35 Antazo, Alvin B. 5 2,500.00 3 1,500.00

36 Antazo, Flora P. 5 2,500.00 4 2,000.00

37 Antazo, Joselito M. 5 2,500.00 4 2,000.00

38 Antazo, Perigrina 15 7,500.00 13 6,500.00

39 Antes, Ligaya A. 25 12,500.00 23 11,500.00

40 Apacionado, Jose 15 7,500.00 13 6,500.00

NO. OF AMOUNT OF NO. OF

42 Apolinario, Anita 30 15,000.00 27 13,500.00