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    29 views14 pages

    Cooperatives

    Uploaded by

    John Axel Javier

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    3 e ‘COOPERATIVE CODE OF THE PHILIPPINES (RA. No. 9520) {fem nn rept anton pens with om bn ont wn wnt ied {deraking naordac tt tbe neon ced cooperate Poses. ‘Satoh eet ety sg of he eatin nd rept of perso. ‘Cooperative Pipes Voluntary nd op memienlp-cooprativesare voluntary orgnkations, open tall prams blows thle servi and ing a ituucathe sherbet contol cooperate ne democratic crganuzions hal sconle by ther uebers who ately patipate in seting ter plices and making ‘inte interest, anyon cuit ster and paid ae rion of members, _ Ritmo and ndepenonnstonpenive ase aionenss set erpzntions conta hermes. the i wanna inna pene sl rove ton a a tr el let ped ees age PN, « Comeration among conperatives. cooperatives serve ther members most cetiel and strengthen the coaperatve movement by working together through los nations ina fr community cooperatives work forthe stainable deelopmeat of thet comnts throgh poles spproved by tr members cop the repo of ter it agreements withthe oraniations, Objectives and Goals Te primary objetivo every cuprates top impron the quality oie ots members, Tovar tien, the cooperative sal aim: Provide goods ad series tls meters toeabl the tala nresed acon ss nvestnens product, aad purchasing power, al rome among, ‘hemeles etal distrbation of et surps through mim tization of eanomies ok cost-sharing nd kb «Provide opium scan conomiebenhitst tems 1 Teach the fen! was of ding things ina operate manne; {Propagate cooperate practices and ne Hea in busines and mazageeat, ‘low the lnver income andes privileged romps to increase thei ownership inthe wealth ef the mation and "Cooper ith th goverment other cooperates and peopeorient organizations ofthe the saan of ny fhe forging objectives ‘Typeset Coopeaties Grit Coperatveis ome tha profes and undertakes savings and ending series among ts members. It generates common po! of funds in ade to rvide financial sistance andthe rl financial series tts memes for roar anvepvient poses «Consumer Cooperate sans the primar pape of which st proce and dtratecommodtesto members and ran-nembers 1 Pagers Coperatve sone that uncrakes joint prastion weer gitar ind. eis formed and oper by smears to undertake he potion and procesing of a materials gods produced ts members nto fishelo procs produ forsale bythe cooperative ts members and nenrerbes. Any end Prod ts deat aig fro he a ster rode is mbes sold a he ame of nd forthe coat ofthe cope, shal be dee a pdt fhe feoperate and ils members 4 Mafeting Cooperatives ne which engages nthe sup of production inputs to members and markets thelr products {5 Serice Cooperate: isone which engages in meal anf dental car, hospitlizatic,transprtation, insane, housing, laborer ight and power, communication, rofesional and eke serves. « Aut:Parpose Cooperate enabines two (2) or moro the business atts these dierent yes of eopeatives + Alvocay Goperatve-i primary eeperative whch promote and advocates cooprativism among its ems and he public through sollte projet, education and tng. research apd communion, nd oer ina aves to reach out ts intended benefits « Agrnian Reform Goopéae is one rated rua ates mao of whish ae agrarian ron beetles or the pupue of developing an appropiate ystems ‘ola tere, lcldevelapen, ln onsolation ond management in ates covered Wy aan efor range fi es teopertvs andi mens ‘Dalry Gioperative- one whose member are ngaged inthe pation a sh rk which may be roses and/or arkete daly produ 1 Edcatin Cooperatives on arganize for the prinary purpose of owning ad operating eens eeationa inttatons. ss HletrieCoopetative- bone rane for he primary purpose of undertaking poe generation, lang renewable sources nding hybrid systems, aqusion and pratima a transis oe cdstbaton ets osc embry sn Fine Serie Cooperatives ane ogni forthe primary parse of engaging in svngs nl eit seve and oer anal series ‘i Fsherte Cooperative one organ by mgaliae here in localits whose pres ae mated ithe sesh rots prods. ss Heath Serves Cooperative is one agate forthe primary parpse of proving etic datl a ther heal series ‘Housing Cooperative sane organize oasis or proieacess to housing forthe benefit ofits regular meres wh vive artcpl in the savings program for Fonsng Its rome ad conto its members urate Cooperative tone engaged in he bases af insuring ie and property of cooperatives an thir members. ‘st Traspat Cooperatives one which ineads ld and sea tansparation, Kite smal wesc a defied or dsl unde the Philpine maritime ls. tu Water Serie Cooperative one organized tan, operate and manage waters stem forthe prvsion and distbaton of ptable ater ois members andthe households Workers Cooperative sone ognize by workers, nelading the e-employed who are atthe seme the members nd owres of theese Ts peel purposes toprvideemployment and hasinss opportunities tts members and manage t in accordance wth onperaive pipe, "Acooperatn ranzed by minors halle considered laboratory coperatve and must be fila with registered cooperative uaa ooperstive) Cetera of Conpeativs “Interns of membership coperatve sl be categorized into Pinay the members of whieh ae natural persons, Senay = the merber of which are priate ‘ Tesiay~ the members of wich aze secondary cooperatives or fleation of eopeaive. inte terry, cooperatives ale catgoried storing o zea of operations wich ny raya ence ith the pata acbavishns ofthe county *Reisered compres may organize a fieation according tthe ype of busines activity engaged in by the cooperatives "Registered cnperatines and federations the appropriate eels may organi o jin operative unions o represent the interes ard welfare of alte of eoopraties at the provi region abi national levels *Reprseatatie Ase shal er othe fll ener ote bao represeiative cee by eck ae seo: cape, or ste oh cooperative dy ssi for the purpose eersng wach powers afl cept ts hem bythe general ase accordance ith ay lave uncon of Federation of Cooperatives -ferton of operatives sll andertake the lowing fnctions ‘-Tocarryos any compra enterprise author under Atl 6 that eomplements agents, or suplerents but doesnot confit, complet with, noe suplant he bnsineso ceonomi ctv ofits members: Toray on eacoage, tl sot ational a aio woken to its member cooperatives | Tosenderscrvies espn encase efcency, and cone thc ofthe bins ofits member cooperatives nd to ait the implementation thee Dokkeeping accountng, and ter sxe and redres «Tonsley mews rnher besten the interest its ember cooperatives nd enteric; ‘Stocoodlte and facta theatre ots meme operative, ‘To enter ito join ventures wth national or iteraational coopers of ater countries inthe manfactre an sale of products and/or series in the Pipes and abroad ant _Topuror sich thefts as maybe nosy to tain soe Functions of Copertvs Unions Cooperative unions may have thefalloing purpose: To topreset ite member organizations, * Toate anlar adsense ewomomi statistic, apd ote information rating tots members ad nal ypesofcopertves within sate of operation; {To sponsor tudes inthe ecaor lgel faatlal sell and other pases of cooperation, ad pbs the esl here. {To promote he knowledge of cooperate prints and practices: { Todevlo the eapeative ovement nthe eset rion ‘Toads he spprorateaores on ll questions Felting eoperates; ‘Toralse funds throagh membership es, dies and conrDutons,dnetons, and sul fon loeal and foreign sours whether eat ot government td ‘Todo aod perform sch theron sins activities as maybe noses t atin the oezngobjstines. Organiation and Registration af Cooperatives -cxoperaive may be omni and estere for nyo alo the felling purposes 1 Toencoarae thrift and sacngs moblaton among the members “Tosenerate fs and extend co tothe member for pete and provident purposes ong members ystems pon so ant { Toprovideguods and service another rurements tothe mets ‘[Todewlp expertise and us mong te members, ‘To equ lands and provide owing heels othe member ‘-Toinwure spin! eso the meres: ‘To pom and advance the economical and edvestional stats othe members; ‘Toesats, on ease or operate copertv banks, cooperative wholesale fetal complexes, insurance and agricultural processing enterprises an public kets ve Tocordinte and faitat the acts o cooperates: ‘Todos forthe ens ofthe cooperative movements ‘2 Toensue the aby of cooperates through the tization of me technologies: ‘SToencoorage and promote stihl or slemploymet a a engne for econo growth td poverty llevan; td ‘Toure any sal eter atte forthe efi and ete plementation of the prvians of te Crmpeative Code Organizing «Primary Cooperative Fite (15 or mote natal persns who ae Flip eis, of gal age ving. common bo of iterest and are cual edi or working he intended aca of ‘pesto, may onganie spate cooperate -Allcooperatives sping for estration shall le withthe CDA the Artie af Cooperation wich hl be signed by each of th organizers ab sel by them fatal ess pinay coperates any the chaps rset ua esas ony eames) ee ty pie: Th ares cen 1 The name ofthe operative whic shal inde the word cooperative: 2 the purpose or pups and sop of busines lo wich the eopertve tobe reste 3 Hhe ter of ese ofthe oops ‘ Thearen of operation ap th postal adzesses fits principal office ‘The mes atonal, andthe postal adress ofthe estan {the eommon bond of membership ‘Thelietofmames the etre who bl manage the cooperative; and ‘The amount of share capita the names and reidences ts contr nd statement of whether the cooperative prin, secondary or tertiy “Four (copes each ofthe proposed artes of eoperaion, byl, andthe genera statement desing, among otbers the structure and purposes ofthe propose cooperative (economic survey) sll be sited tothe CDA, eoomic Survey every group of inva of cooperatves intern to forma cooperative shall submit tothe CDA a general statement deseibing. among others the structure nd purposes fe proposed cooperative. The eucrean stlstafing patter ofthe cooperative bl inde bokkesper, The Eoonomie Suv shal inate the area of ‘pesto, the sine of membership another persinent ta na format pads bythe CDA, “Acooperaive may ssi in the oganzaton af laboratory cooperative composed of fee (15) ot more inviduls Who ae minor, who maybe students oto soo sors even (7) yt oi but below cghteen (18) eas lage Flin tens, and areal sting or ein thin he nearest ses of operation of te intended staan cooperate. “single parposecopeatve may transform into a malpurposeor may eeatesbstines onl fter tls tw 2) eas of operations. Cooperative Name The word "Cooperate" “Koopraia” or "Cooperate ince inthe name ofthe cooperative Minium Subscribed and Pad-up Shares -No operate, othe than a voperatie union, sl be reistred unless the artes of copeaton secompanie wth the bons ofthe acomnabeofies anda sora sateen ofthe treasure ected by he subseribers showing thal tes twenty-five per en (25%) ofthe uri share capital as ben subscribed ad a eas vety= five percent (25) ofthe tata suseiption bas been ai Tn na ease sll the pai-p sare apt eles than Fen thousand pesos (Pis,000.0), exp forml= purpose cooperative whic shoul ot bees than One Hunired Thousand (P100,00.00) or as equedin the feast stu, whichever ishigher. the CDA sl psioally assess the requ pip share capital and mayinerase it every five (5) years when necessary pon consiaton wth the copertve set and ‘he National Boome and Detelepment CDA (NEDA). -Nomember shal own moe than Te 10) perce ofthe subscribed share capital ofthe ooperaive Minimum Pai-up Capt of Sosundar and Tertiary Cooperatives The minimum pip share capital for any proposed secondary ota cooperatives shale afllows nina Pal-up Capa feoonain odeation '1000;00.00 0 the amount ouiredin the febty whichever shige freer '5.000,000.00 or the amount equine in the esiltywhichvr is higher ‘Federation of Cnpeatives-shal fr toa. copa, the members of whi ae thre) ore peinaycoperatvs engaged inthe same line of busines, rane the nil prove, special metropbtan pltcal subs, o economic nes ereated bylaw and registered wth the Authority to eta snes ates ‘Sappot ofits menbes I is eater ses cooperative *Union- shal fr toa operate the members of which are restr pete ni federatonserganied purpose to represent the terest and were fal yes of ‘oops a th roving iy, elonal sbi atonal evs ‘Share refers to aunt of epi in a pimary cooperate the pr val of which my be ldo any igure nt moe tan One thousand pass (P,.00.00). The sare ofc oa ‘operatives the money pdr refute ob a othe erations of th cooperative. The met or tesanc of share erie shal prescribe in its laws, ‘commen an Prfered Shares "The stare capital of sonperaliveimysonsi of conte share copa ae peered shar capil ate povided or ns he coupes’ fempation ad by laws should the eapeatve with have common abd prefered share, states that eet shoul appears te Aries of Copan pein the noon of hares {obecsfered or common sates and for reered share, However, sresmnened tht onthe conan share baer. ‘Sho prefered sre ata be offered te ih and priveges of lds of prefered shares hl be provide orn the By-Laws ofthe cooperative, Prefered sharecapital sal ot exceed Twente (25%) pee of neu (4 the ttl authored share capt ofthe cooperative “The share cpt shall ot be withdrawn ad shoul not be used in ofetng bigations whether pst dor curentwie he membership subs, ‘na priay cooperate, the pa ale may bee a any amount bt not sthanPr0.00 nor more than P0000. Cooperatives re roid fom suing nile pe of Common Shares wit eet par ae er share. Ii eis probibite fo any cooperative to ineease/derase the pale of he sharecaptl by way of mening thet Ares of Cooperation ana Baws ceria o Registration -Acopeative farmed and organi under the Cooperative Code acquis uric personality fm he dt the CDA issues cette of egistraton under its ileal “llappaton for ressration shal be ily disposed ay the CDA within pero fst (60) days tom he ling teen ober the ppliation seemed approved, unt te cause ofthe days atcbutable othe aplcat (Approval by auton) “tn cae ofa denial the application or egsteaton an pel hliewih the Of of the President wiki niet (90) days om rep of wot af such denial. The lar of ‘th ice ofthe President ako he pel within neo) ays rom the ling terol shames appl of i apestion Approval nation) “Acerca of restrain fst the CDA unde offi ea hl be cons evidence tthe ccpertive therein mentions dl registered uns spo tha the registration there has een eaneled. Bylaws ach copeativ tole etre ude thi Cade sl adopt as tincosisten wth the visions the Cooperative Cae, The yl shall be led a the same tne ‘he ares of copertion The as each cooperative shal provide: The qaifstons fr admission o membership and the psyco be made ntres tobe asi as onions fr the execs of height of members 2 The rights and ais of members; ‘The ceumstances unr whieh membership ise minted and st {Tne proede tobe followed incase of ennai of embry ‘Ltyeconons under whic he transfer of share or inet ofthe members shal be permit ‘\Therules and pocotes onthe spends tie, lee and maner of alin conven, utig meting, quorum reuvemen, tig syste and ter mater, seatve tothe busines af ofthe eral ase, ard of decor, comes -Thegenerl come the aa de sopenate ining te omees nd atest peeral sembly te boa distor commitees nd th fers and het alfcatons am deletions 1 Fhemannerin wich he cpa aye is and the porposes for which ita be ld; ‘Themode of cast and of nvestnent of nt tpl; lhe ovating unl adtingsyece: {The manner af oan and oroing inching th ination heen ‘2 The method of dstibtion at saris: "The manne of adopting amending repealing. and brogating ya ‘4. Aconeliaton of mediation mechanism forte anablesetenent of disputes among members, dietors, fers and committee members ofthe cooperate; abd ther ade ote parposss nl aaieso the operative Amendment of tides of Cooperation and By-Laws yeti cate ie i ie of cmpeton dl mynd ei) oe fa he men hing oh hon pete othe dain bers tere he ight aware lr aber Amendment shall bends by underscorig r lberine ppp inating the chang or change ade a a copy ofthe amended ates amended la daly ‘rtd under ath bythe nope secretary nl» jr he dete tating th fac tat sid sent oramenineta he eles of perio or byl Fave en dy appre tthe reir eo the members “The amennent alte fet pon ts appr by he CDA owt tothecoopente, 0) days rom the tof filing there ace pom bythe CD or cane nt atrbtable Cooperative Term ~Acooperatie sallexs fora pero not exceeding fy 50 ears fom the date rexstration nls sooner dsl or ules sl pet sexe The cooperative term, a ‘tg sate nthe ares of omer, my be extended fo periods no exceeding fy (0) ears in ay snl stance by an amet of theatees femperation No ‘extension ee mace earl than ve) yeas pri to he ral a subset exp datas less thee re stable reasons fora eae xenon, let of Contracts cca Prior to Regtation ontat excited between privat erin and eoprative pr tothe regan ofthe cooperative shal rain elif and dig et oe the partis el pon registration ‘tthe coopers feral wien ntact shal fe np and maine cnperti's ame orn kal pies estat, lect of ar to Onanie and Operate ‘acoperatv has not commenced busines ands operation win wo (2) yeas afer the sane fits ceria vegstation ot as tear an ts busines fortwo (2) ‘once years the CDA sal se ral eo the sald espera to show exes to ane to peat Fale othe eoeperae to prem provide stale ‘efor its ale operate sl warrant th CDA deletes ae fm terse egseecopeatves ad hl be dee sae Divsin of Cooperative “An etre eaaprative may, bya esoton appeoned bya oto theeourt (3/4) ofall the members with voting ght, present and ensuing quorum, eave videlslfino the wo (2) or mote cooperates Te majority members of he Board f Diets rat eas ten pe ent (10%) of meres with voting gh may propose fr division, A senting member halle ated oa fund ofhi/e share capital an allot interests Merge and Conslidton of Cooperatives -wo(2) ormorecopertvs may engin asl cooperative which sal eter be one ofthe consitent operative othe omit operative, ‘No merger o consolation stl be ali ures approved by three-fourths (3/4) votofall the memburs wth og rights, present and costiting a quorum af each ofthe ‘onsen operatives at separate general assembly meetings. Tre isenting members shall ave the ight to exes the ight to withdraw thle membership. The merger or consiation sal be effective pon the issuance the etfeate af merge or ensalidaton by the CDA, les of Merge and Const “The merger or cost ofeonpraties shal have the ollowing et: The omttuent cooperatives sal ome single onpratie which, n case of merger, sl be the suing cooperative, and incase afconsoiation, shall be the ‘onsite eeperte; a Thesequate eaence of the constituent ooyerative shal ase, except that of the surviving rte consaliated soperate $ Tbe suring the cnsldaed copeatvesall pases lhe tat ight peg, inne an fanhse of xh ofthe constituent operatives “Thesunising rte consolidated copeatve shal passes al thease righ pres, nmunties and fanehises of ach of he ont compres; and ‘VThesuriving r the consolidate copeativesball be respnstble fr all he ates and bliatin of ath ofthe conten copesatis inte samen os isch sarivig rconsoidated cooperative had isl ncuresueh ible oebigations. Any dam action o prose pending yo against any such eomsttuent ‘operatives may be prose yor aginst the suring ot onsoldated operative, asthe case maybe. Nether the iets f eres nora en upon the props of ‘nysueh constituent eapeatives shall be imped y such merger oconsldation ited Laity of Cooperatives coopera ly registred under the Cooperative Code hal sv ited aii. Powers of Compertves -Acoopeatve registered under this ode sl ve the following pve, ight nd capaci “Tote xe we os eter ame tose ane eds $:Toamend its artes of operation “Todo bas nt conta to la, morals or publi pole, and to amend and repeal the sane {Topas rescve takeor rant, conve, el ese, ple, morgage, an oticrwse deal with sich el an personal property asthe ransation fhe ll ais sf th neatve may reasonably and necessary rele, sje to the nations prescribed by law and the Contato, ‘ Tocnterit dison, merge of cnsoiation *Toforn salary cooperatives and join federations or unions: ‘To ai ofl, beetle ocean to aept and receive grants, donations a assistance fr foreign and domes sores, subject othe codiins of it oats, peli gs donations atanethat wi etundemipetbe ana often os gant offanchises to stalin constr, operate nd maintain fees, wharves, markets or aughtesouses atlas pc bl tte resnrch senvces an faites relat agriare ad ber actives noone and porate scat in score Repub et No- 915, Govern of asc Eden Act of 001 and ote pertinent aw and 1: To excise such ater powers granted bythe Coperatve Code or necessary to caro purpose o purposes as stated in is Antics ofcooperation. ind ees toextension and eso the Cooperative ‘Te Ofcersof the operative sal neue the menbors of the Bord of Dtetrs, member ofthe diferent eomites ested ly the Genel Asembly, Genet Manager ot (Chie Eset Ofer, Secretary, Teasrer and Members holding other postions as mas provided fr inthe By-avs, As such hey ae end wth he power of exercising ‘thority within the scope of thee defined ntions whi hal ace the exercise of ote sp srs in he performance oti ies Commitoss of Cooperative “he Bylaws shal poide or theceaton of the elwing commitees: Ait Commitee aud the performance of the cooperative and its various responsi enters 2 Hleion Commitee foie election ues al gudeines and ecmmend othe Geeta Repesentative Assembly fr approval $.Metatlon td Coellaton Conitee-condit mediton-nliaton proceedings td service {Ethics Cnmittee- folate, develop inplement ss monitor the Cde ot Gorermance snd Ethical Standards (CGES) 0 be cbserced bythe members, ofces and ‘xe he compre at othe ger he Burt Dect an ication by the Cee Reset se » SierCiaaanes we tence eed otk Atncaar o copeae " “ “Themembersot bth the Ait Eleston Commtes sal blood by the General sembly and the est shal be appoint bythe Bordo Diets, Unless there provided the vas the our case ofa vane the omnes, may all an election to fl he vaaney or appoint a person tf he sume subject to ‘the provision ht the person cece o apt shill serve only for he unexpired portion of the te, Board of Distoe LUnles others provided inthe yl, the reton and management othe ais of cooperative hal be vested na board of det whic hl be composed of notes tha fie) pormre than fee (is) merbers elected the general ase fo ater of wo (2) years ab shal holt office unter tees ae delete aa ‘ale, oeunt ly removed for ems The boa of diets shal be responsible forthe stateg lamin. dieton-seting aot ple-formulaton ates ofthe comperatines. uations «Any member af cooperative who unde the yaw of the cooperative, asthe right to vote and who posesse ll the qulifeations ad none ofthe digualietions ovie in the as ry sl be ile fr eton as det

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