Second Edition

PAR ERSHIP
RE\IISED CORPORATION
COOPERATI\IE LAW
BUSINESS LRWS RND REGULATIONS
Laws • Principles • Jurisprudence
 Philippine Copyright, 2021

by

ISBN: 978-621-8205-01-7

No part of this book may be reproduced in any form or any means

without the written permission of the author.

Any copy of this book without the signature of the author in colored
pen on this page either proceeds from an illegitimate source or is in
possession of one who has no authority to dispose of the same.

ALL RIGHTS RESERVED

Published by:
COACHING FOR RESULTS PUBLISHING
#02 Ampucao, ltogon, Benguet
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 ABOUT THE AUTHOR

ATTY. ANDRIX DANG-OWAN DOMINGO, CPA, MBA

Present and Former CPA Reviewer/Special Lecturer in REGULATORY

FRAMEWORK FOR BUSINESS TRANSACTIONS (RFBT)

The Review School of Accountancy, Inc. (ReSA), Manila

Philippine Accountancy Review for Excellence, Manila
Saint Paul School of Professional Studies, Palo, Leyte
University of Cebu, Cebu City
University of San Carlos, Cebu City
University of San Jose-Recoletos, Cebu City
University of the Visayas, Cebu City
St. Joseph College, Maasin City
Far Eastern University, Silang, Cavite
Emilio Aguinaldo College, Dasmarifias City
University of Baguio, Baguio City
University of the Cordilleras, Baguio City
Saint Louis University, Baguio City
Urdaneta City University, Urdaneta City
Collegio de Dagupan, Dagupan City
University of Luzon, Dagupan City
University of Pangasinan, Dagupan City
Nueva Ecija Training and Review Center, Cabanatuan City
Pampanga CPA Review, Angeles City
CPA Review and Training Center, Urdaneta City
Nation's Foremost CPA Review, Inc., Baguio City
Dagupan Accountancy Review
King's College of the Philippines, Benguet
Southern Mindanao Academic Review & Training Services, Davao City General
Santos City and Cagayan de Oro City
Center of Excellence for Review and Training Services, Davao City, Cebu City
and Butuan City

Hearing Officer
Legal Services Division, Civil Service Commission

Former School of Law Professor

University of Baguio, Baguio City
Cordillera Career Development College, Benguet

Former Trial Lawyer

Domingo Law Office, Baguio City
 PREFACE
(Second edition)

This humble work is intended primarily for accountancy students,

business students and Certified Public Accountant (CPA) board examination
candidates. This work, however, could likewise provide a good material for
students of law.

Simplified examples were incorporated and decisions of the Supreme

Court were digested in a simple manner which serves as a tool for easier
comprehension of the pertinent articles or sections.

Definition of terms used in the different articles were incorporated

to enable the readers to appreciate and comprehend well the meaning of the
law.

This book is published in the hope that this humble work will be of
great help to readers.

True or False Questions and Multiple Choice Questions were

provided at the end of every chapter for purposes of review.

I want to express my gratitude and appreciation for the valued

persistent assistance and support rendered by my friends Christian, Ronalda,
Sunshine, Beverly, Johana, Irene, Amie, Floyd, Marie, Anne Marie and my
brother Warden.

I want to express my heartfelt gratitude to my loving wife, Pinky, my

lovely daughters, Xyanne and Xyra, Mama Conchita, my sisters-in-law, my
friends, colleagues, students, and relatives who have helped me in writing
this book

Special thanks to Mama Lerina and Papa Francisco, my parents-in­

Iaw, and to all relatives who played with Xyanne and Xyra while I was writing
this book

... and to God be the glory!

AndrJx D. Domingo
 TABLE OF CONTENTS
PARTNERSHIP
Pages
CHAPTER 1 GENERAL PROVISIONS 1
Meaning of profession 1
Essential requisites of a contract of partnership 1
Characteristics of a contract of partnership 2
Partnership vs. Joint Venture 4
Doctrine of Delectus Personae 4
Best evidence of the existence of a partnership 7
Artificial Person/Juridical Person 8
Partnership by Estoppel 12
Partnership vs. Co-ownership 13
Effects of an unlawful partnership 18
Form of contract of partnership 18
Purpose of registration 20
Partnership vs. Association 23
Classification of Partnership 23
Kinds of Universal Partnership 26
Presumption in favor of universal partnership of profits 28
True or false questions 31
Multiple choice questions 32

CHAPTER 2 OBLIGATIONS OF THE PARTNERS 37

Kinds of partners 37
Section 1 Obligations of the Partners Among Themselves 39
Legal relations created by a contract of partnership 40
Examples of obligations and rights of partners 40
Partnership with a fixed term 42
Partnership for a particular undertaking 42
Partnership at will 42
Obligation of every partner 45
Manner of appraisal 46
Essence of partnership 46
Capitalist partner vs. Industrial partner 47
Remedies of capitalist partners against industrial partner who 48
engaged in business for himself
Obligation of capitalist partners to contribute additional capital 49
Obligation of a managing partner who collects debt so
Article 1792 vs. Article 1793 51
Risk of loss 52
Obligation of the partnership to every partner 52
Rules for distribution of profits and losses of a partnership 53
Third person designating the share of partners in the profits and 57
losses
Why an industrial partner is not liable for losses? 58
Who shall manage the partnership? 58
Two modes of appointment 59
When two or more managing partners have been entrusted with 60
the management
Stipulation requiring unanimity of action 62
Rules when manner of management has not been agreed upon 63
Who can demand true and full information? 65
Section 2 Property rights of a partner 71
Rights in specific partnership property 71
Interest in the partnership 71
Right to participate in the management 71
Effects of conveyance by partner of his whole interest in the 76
partnership
Rights of the assignee 76
What is meant by a "charging order" upon partner's interest in 78
the partnership?
What is redemption? 79
Section 3 Obligations of the partners with regard to third 80
persons
Liability for contractual obligations 81
Separate obligation of a partner 82
Stipulation against liability 82
Partner as agent of the partnership 84
Equitable Interest 87
Admission 89
Instances where knowledge of a partner is considered 90
knowledge of the partnership
Liability of partnership for misappropriation 92
Partnership by estoppel 96
Partner by estoppel 96
True or false questions 100
Multiple choice questions 101

CHAPTER 3 DISSOLUTION AND WINDING UP 111

What is dissolution? 111
Three final stages of a partnership 111
Is the agreement of the partners affecting liquidation valid? 113
What is the meaning of "retirement" in dissolution? 113
Kinds of dissolution 119
Without violation of the agreement between partners 119
In contravention of the agreement between the partners 123
By any event which makes it unlawful for the business of the 125
partnership to be carried on or for the members to carry it on in
partnership
When a specific thing which a partner had promised to 125
contribute to the partnership perishes before delivery
By the death of any partner 126
By the i�s?l ency of any partn
: er or of the partnership
By the c1v1l interdiction of any 127
partner 127
Who can sue for judicial dissol
ution? 128
On application by or for a partner
On the application of the purchaser of a 128
partner's interest 130
Partnership is liable
Partnership is not liable 134
135
Partner's liability is discharged
137
Kinds of winding-up or liquidation 137
Who will wind up?
137
Rights of partners in case of liquidation caused by violation
or 139
non-violation of the partnership contract
Three rights of a partner who is entitled to rescind 142
Liabilities of the partnership shall rank in order of payment 143
Required new contribution 145
Preference with respect to properties in possession of the court 146
Rights of a partner who retires or dies and the business is 150
continued without any settlement of accounts
Who has the right to an account of his interest? 150
Who has an obligation to render an account? 150
When to render an account? 151
Multiple choice questions 154

CHAPTER 4 LIMITED PARTNERSHIP 159

Characteristics of limited partnership 159
Essential requisites in the formation of a limited partnership 161
Presumption in favor of a general partnership 161
Contribution of a limited partner 162
The surname of a limited partner shall not appear in the 162
partnership name
Liability for a false statement in the certificate 163
Liability of a limited partner who takes part in the control of the 163
business
Additional limited partners may be admitted after the formation 163
Rights of a limited partner 164
Contributor who erroneously believes that he has become a 165
limited partner
General-limited partner 165
165
Liabilities of a general-limited partner
166
Allowable business transactions of a limited partner with the
partnership
With the 166
Prohibited business transactions of a limited partner
partnership 166
Preference to some limited partners
y of income of a 167
Share of the profits or compensation by wa
limited partner . . 168
ret urn of con trib uti on s of a hm 1ted partner
Requisites for the
When can the contributions of a limited partner be returned?
168
When may a limited partner have the partnership dissolved and 168
liquidated?
Liability of a limited partner for unpaid contribution to the 169
partnership
Liability of a limited pa1tner as a trustee to the partnership 169
Liability of a limited partner despite return of his contribution 170
Rights of an assignee of a limited partner 171
Who is a substituted limited partner? 171
Rights and liabilities of a substituted limited partner 171
Retirement, death, insolvency, insanity or civil interdiction of a 172
general partner
Death of a limited partner 172
Charging the interest of a limited partner 173
Cancellation of the certificate of limited partnership 17 4
Requirements for amendment 175
Requirements for cancellation 175
General partner/partnership vs. Limited partner/partnership 176
Partnership vs. Corporation 178
True or false questions 179
Multiple choice questions 179

CORPORATION

TITLE 1 GENERAL PROVISIONS, DEFINITIONS AND 186

CLASSIFICATIONS
Corporation is an artificial being 186
Characteristics of a corporation 186
What is government-owned or controlled corporation? 187
What is "Piercing the Veil of Corporate Fiction"? 188
Elements of piercing the veil of corporate fiction 189
Succession 194
Powers of a corporation 194
What is a stock corporation? 195
What is a non-stock corporation? 195
Other classes of corporation 196
General law vs. Special law 198
Corporations created by special laws or charters 199
Components of a corporation 199
Doctrine of equality of shares 203
Who may classify shares? 203
What are voting shares? 203
The right to vote in stock corporations 203
The right to vote in non-stock corporations 204
What are non-voting shares? 206
What is a common stock? 206
What is a preferred stock? 206
What are redeemable shares? 206
Instances when holders of non-voting shares are allowed to vote 207
What are founders' shares? 208
What are redeemable shares? 209
Kinds of redeemable shares 209
What is trust fund doctrine? 211
What are treasury shares? 211
What are watered stocks? 212
Multiple choice questions 213

TITLE 2 INCORPORATION AND ORGANIZATION OF PRIVATE 222

CORPORATIONS
One Person Corporation 222
Incorporator vs. Corporator 222
Steps in the creation of a corporation 223
Number of Incorporators 223
Qualifications of lncorporators 224
Partnerships as Incorporators 224
Domestic Corporations or Associations as Incorporators 224
Foreign Corporations as Incorporators 224
Signatories of the Articles of Incorporation 225
Designation of Incorporators as Directors or Trustees 225
Foreign Nationals in the Articles of Incorporation 225
Additional Requirements for Certain Corporations 225
Revival of Corporate Existence 227
Subscription 233
What is paid-up capital? 233
Articles of incorporation 233
Three-fold nature of the articles of incorporation 233
The name of the corporation 233
Purpose clause 234
Principal office of the corporation 234
Term of existence 235
Number of Board of Directors or Trustees 235
Authorized capital stock 235
Limitations in the amendment of the articles of incorporation 236
Amended guidelines and procedures on the use of corporate and 241
partnership names
Requirements before one can qualify as a de facto corporation 249
Doctrine of estoppel 249
Failure to formally organize and commence its business within 5 ·251
years from the date of its incorporation
Continuous inoperation for at least 5 consecutive years 252
Multiple choice questions 253

TITLE 3 BOARD OF DIRECTORS/TRUSTEES AND OFFICERS 259

Acts of management and ownership 259
Where do corporate powers reside? 259
What is business judgment rule? 259
Governing body of a corporation 261
Derivative suit 262
Authority of the board of directors or trustees 262
Corporation exercises its powers through its board of directors 262
Three levels of control 263
May corporate powers be directly conferred upon corporate 265
officers?
Qualifications of a board of director /trustee 267
Independent Director 268
Requirements for the election of directors/trustees 269
Corporate officer 270
Corporate officers 272
Corporate officer vs. corporate employee 272
Objective of the report of election 274
Disqualification of directors, trustees or officers 276
Power to remove directors or trustees 277
Filling of vacancies in the office of the director/trustee 281
Replacement Director/Trustee 281
Emergency Board of Director 281
Limitation on compensation 285
Doctrine of corporate opportunity 286
Error in business judgment 287
Self-dealing directors or trustees or officers 289
Interlocking directors 293
Executive committee 294
Multiple choice questions 296

TITLE 4 POWERS OF CORPORATIONS 303

Corporate powers 303
Power of a corporation to sue 304
Power to extend or shorten corporate term 305
What is appraisal right? 305
Three instances of distribution of corporate capital 307
Increase or decrease of authorized capital stock 308
Incurring, creating or increasing bonded indebtedness 309
Pre-emptive right 310
Substantially all of the corporate assets 314
Instances when a corporation may acquire its own shares 314
Basis of unrestricted retained earnings 315
What is retained earnings? 319
Dividends 319
Cash dividends vs. Stock dividends 319
Payment of dividends is not a matter of right 320
Capital and stock dividends 322
Limitations on Dividends 322
Management contract 324
What is ultra vires act? 325
Multiple choice questions 327

TITLE 5 BYLAWS 332

What are by-laws? 332
What is the purpose of a by-law? 332
Are third persons bound by by-laws? 333
By-laws are subordinate to the Articles of Incorporation 333
By-laws are indispensable to corporations 335
Effect of substantial compliance with by-laws 335
Adoption of by-laws 335
Articles of incorporation vs. By-laws 335
Effectivity of by-laws 336
Amendment of by-laws 338
Binding Effects of the By-laws 338
Multiple choice questions 339

TITLE 6 MEETINGS 341

Remote Communication 341
Teleconferencing 341
Videoconferencing 341
Computer conferencing 341
Audio conferencing 342
Requirements for stockholders' or members' meetings 346
Kinds of meetings of stockholders or members 350
Quorum in meetings of stockholders' or members' 351
Articles of Incorporation vs. Stock and Transfer Book 352
Meetings of stockholders or members 353
Quorum at a regular or special meeting of directors or trustees 357
Meetings of directors or trustees 358
Participation in board meetings through remote communication 359
Voting in case of joint ownership of stock 362
Voting trust agreement vs. Proxy 363
Voting trust 366
Three tests of voting trust agreement 36 7
Requirements and limitations imposed on voting trust 370
agreement
Multiple choice questions 371

TITLE 7 STOCKS AND STOCKHOLDERS 377

Derivative suit 377
Derivative suit vs. individual suit vs. class suit 380
Subscription contract 382
Kinds of subscription 383
Amount of consideration 384
Shares of stock vs. Certificate of stock 386
 Mode of transfer of stocks as provided by law 388
Transfer of shares by means of succession 388
Effect of endorsement of the certificate of stock 389
Who is a highest bidder? 393
Payment of unpaid subscription 393
Rights of a stockholder 397
Liabilities of stockholders 397
Multiple choice questions 398
TITLE 8 CORPORATE BOOKS AND RECORDS 403
Basis of stockholder's right of inspection 406
Right of inspection not absolute 406
Books and records required to be kept by the corporation 406
Limitations on the right of inspection 407
Stock transfer agent 407
Multiple choice questions 409
TITLE 9 MERGER AND CONSOLIDATION 411
What is merger? 411
What is consolidation? 411
Law authorizing merger or consolidation 412
Steps to accomplish a merger or consolidation 415
Multiple choice questions 420
TITLE 10 APPRAISAL RIGHT 423
What is appraisal right? 423
Four instances of appraisal right 423
Valuation date 425.
Effect of demand and termination of right 425
Effects of transfer of dissenting shares 427
Multiple choice questions 430

TITLE 11 NON-STOCK CORPORATIONS 433

Non-stock corporation 433
Characteristics of a non-stock corporation 434
Requirements for termination of membership 436
Stock Corporation vs. Nonstock Corporation 440
Multiple choice questions 441

TITLE 12 CLOSE CORPORATIONS 444

Corporations that cannot incorporate as a close corporation 444
Characteristics of a close corporation 446
Articles of incorporation of a close corporation 447
Conditions for the validity of restriction on the right to transfer 447
shares
Right of first refusal 447
Transfer 449
Amendment of articles of incorporation 451
Deadlock in a close corporation 452
Provisional director 452
Remedies available to a stockholder 453
Stock corporation vs. Close corporation 454
Multiple choice questions 455

TITLE 13 SPECIAL CORPORATIONS 458

Chapter 1 Educational Corporations 458
Composition of the board 458
Chapter 2 Religious Corporations 461
Corporation sole 461
Corporation aggregate 461
Effectivity of a corporation sole 462
Chapter 3 One Person Corporations 466
One Person Corporation 466
Who are not allowed to form OPC's 466
Term of existence 467
Minimum capital stock not required for One Person Corporation 467
The One Person Corporation is not required to submit and file 468
corporate bylaws
Display of corporate name 469
Single stockholder as director, president 469
Special Functions of the corporate secretary 470
Nominee and alternate nominee 470
Incapacity or death of the single stockholder 471
Reportorial requirements 473
In case of death of the single stockholder 475
Multiple choice questions 476

TITLE 14 DISSOLUTION 482

Modes of dissolution 482
Voluntary dissolution where no creditors are affected 484
Voluntary dissolution where creditors are affected 485
Dissolution by shortening corporate term 486
Grounds for Involuntary Dissolution 488
Multiple choice questions 491
TITLE 15 FOREIGN CORPORATIONS 494
Foreign corporation 494
What is the meaning of "doing business"? 494
Not doing business 499
Right of a foreign corporation to bring suit 499
Doctrine of Isolated Transactions 499
Resident agent 502
Doing business without a license sos
Multiple choice questions 509

H
TITLE 16 INVESTIGATIONS, OFFENSES, AND PENALTIES 512
Cease and Desist Orders S12
Contempt 513
Unauthorized use of corporate name 513
Independent auditor 519
Obtaining corporate registration through fra ud 519
Fraudulent conduct of business 520
Acting as intermediaries for graft and corrupt practices 520
Retaliation against whistleblowers 520
Whistleblower 521
Multiple choice questions 522

TITLE 17 MISCELLANEOUS PROVISIONS 525

Outstanding capital stock 525
Reportorial requirements of Corporations 526
Visitorial Power and Confidential Nature of Examination Results 527
Pmvers, Functions, and Jurisdiction of the Commission 528
Development and Implementation of Electronic Filing and 531
Monitoring System
Arb itration for Corporations 531
Multiple choice questions 534

COOPERATIVE

CHAPTER 1 GENERAL CONCEPTS AND PRINCIPLES 536

Branch Office 536
Princip al/M ain Office 537
Net Worth 537
Manual of Operation 538
Certificate of Authority 538
Inspection Report 539
Voluntary closure of cooperative branch 540
Satellite Office 540
Letter of Authority 540
Services/activities allowed in a cooperative sat ellite office 540
Voluntary closure of cooperative satellite office 542
What is a cooperative? 542
Cooperative principles 543
Definition of Terms 544
Multiple choice questions 547

CHAPTER 2 ORGANIZATION AND REGISTRATION 553

Purposes of cooperatives 553
Objectives and Goals of a Cooperative 553
Cooperative Powers and Capacities 554
Organizing a primary cooperative 557
Multipurpose cooperative 558
Term 558
Articles of Cooperation 558
Signage specification 560
Bylaws 560
Registration 562
Certificate of registration 563
Revised Guidelines governing the registration of cooperatives 563
Registration of primary cooperatives 564
Share 565
Share capital 565
Cooperative name and prohibition 565
Bond of membership 567
Registration of secondary and tertiary cooperatives 568
Amendment of Articles of Cooperation and Bylaws 571
Division of cooperatives 572
Merger and consolidation of cooperatives 575
Types and categories of cooperatives 582
Revised Guidelines in the registration of labor service and 582
workers cooperatives
Guidelines in the registration of service cooperative organized 585
among professionals to practice a particular profession
Workers cooperative 592
Agriculture Cooperative 595
Small-scale mining cooperative 597
Job Contracting/sub-contracting workers service cooperative 599
Prohibition against labor-only contracting 601
Categories of cooperative 602
Revised Guidelines for the registration of primary cooperatives 602
What is federation of cooperatives? 606
Functions of a federation of cooperatives 606
What is cooperative union? 607
Revised Guidelines in the registration of cooperative federation 608
and union
Multiple choice questions 612

CHAPTER 3 MEMBERSHIP 622

Kinds of membership 622
Regular member 622
Associate member 622
Laboratory cooperative 622
Guardian cooperative 622
Affiliation 623
Government officers and employees 626
Multiple choice questions 630
CHAPTER 4 ADMINISTRATION 633
Composition of the general assembly 633
Exclusive Powers of the general assembly 633
Meetings 634
Quorum 635
Voting system 636
Composition and term of the Board of Directors 636
Powers of the Board of Directors 637
Meeting of the Board and Quorum requirement 639
Vacancy in the Board of Directors 640
Officers of the cooperative 640
Committees of cooperatives 642
Standard training curricula for cooperative officers 646
Required training for cooperative officers 650
Certificate of Compliance 652
Liability of Directors, Officers and Committee Members 652
Compensation 653
Dealings of Directors, Officers, or Committee Members 655
Disloyalty of a Director 656
Illegal use of confidential information 657
Removal 657
Multiple choice questions 659

CHAPTER 5 RESPONSIBILITIES, RIGHTS AND PRIVILEGES OF 665

COOPERATIVE
Signage specification 665
Books to be kept open 665
Inspection 666
Registry of members 669
Reports 670
Bonding of accountable officers 674
Preference of claims 675
Instrument for salary or wage deduction 676
Primary lien 677
Tax treatment of cooperative 677
Privileges of cooperatives 679
Operating Cooperative 682
Multiple choice questions 687
CHAPTER 6 INSOLVENCY OF COOPERATIVES 690
Multiple choice question 691

CHAPTER 7 DISSOLUTION OF COOPERATIVES 692

Modes of Dissolution 692
Voluntary dissolution where no creditors are affected 693
Voluntary dissolution where creditors are affected 694
Involuntary Dissolution of a cooperative 697
Dissolution by Order of the Authority 698
Dissolution by failure to organize and operate 698
Liquidation of a Cooperative 700
Multiple choice questions 714

CHAPTER 8 CAPITAL, PROPERTY, AND FUNDS 717

Capital 717
Capital sources 717
Limitation on share capital holdings 718
Assignment of share capital contribution or interest 718
Capital build-up 719
Shares 719
Investment of capital 719
Revolving capital 720
Multiple choice question 721

CHAPTER 9 AUDIT, INQUIRY AND MEMBERS' RIGHT TO 723

EXAMINE
Annual audit 723
Financial audit 723
Social Audit 726
Key areas in social performance assessment 727
Governance and management audit report for cooperatives 728
Governance and management audit working paper 729
Audit Report 730
Safety of records 730
Multiple choice questions 731

CHAPTER 10 ALLOCATION AND DISTRIBUTION OF NET 733

SURPLUS
Net Surplus 733
Order of Distribution 733
Multiple choice questions 737

CHAPTER 11 AGRARIAN REFORM COOPERATIVES 738

Definition and purpose 738
Cooperative estate 739
Preferential right 739
Privileges 740
Organization and registration 741
Multiple choice questions 742

CHAPTER 12 COOPERATIVE BANKS 744

Supervision 744
Organization, Membership, and Establishment of a cooperative 744
bank
Administration of cooperative banks 7 45
 Quorum and voting rights 7 45
Powers, Functions, and Allied undertakings of cooperative banks 746
Capital requirements of cooperative banks 746
Privileges and incentives of cooperative banks 747
Assistance to cooperative banks 7 48
Applicability of banking laws and regulations 748
Multiple choice questions 749

CHAPTER 13 INSURANCE COOPERATIVE 751

Types of insurance provided 751
Applicability of Insurance Laws 751
Multiple choice question 752

CHAPTER 14 PUBLIC SERVICE COOPERATIVES 753

Definition and coverage 753
Regulation of public service cooperatives 753
Engagement in allied business by transportation service 754
cooperatives
Renewal of franchise and vehicle registration 754
Multiple choice question 757

CHAPTER 15 CREDIT COOPERATIVES 758

Definition and Objectives 758
Conversion of credit cooperatives to financial service 759
cooperatives
Multiple choice questions 760

CHAPTER 16 FINANCIAL SERVICE COOPERATIVES 761

Definition and Functions of Financial Service Cooperatives 761
Membership and affiliation 761
Regulation and Supervision 762
Financial Service Cooperative Federations 763
Deputized federation 764
Multiple choice questions 768
CHAPTER 17 ELECTRIC COOPERATIVE 770
Registration of electric cooperatives 770
Voting requirement for registration
770
Documents to be submitted for registration with the
Effects of registration with the Authority
Authority 778
779
Share capital in Electric Cooperatives
Canc:llation of registration with the Aut 780
hority 781
Multiple choice question
783
CHAP�ER 18 MISCELLANEOUS
PR OVISIONS 784
Compliance with other laws
Register of Cooperatives 784
784
Settlement of disputes, conciliation, and mediation proceedings 784
Multiple choice questions 806

CHAPTER 19 FINAL PROVISIONS 807

Multiple choice question 812

PRELIMINARY EXAMINATION 813

MIDTERM EXAMINATION 834

FINAL EXAMINATION 854