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Pursuant to the powers vested by Republic Act 6939 and RA 9520, the Authority hereby promulgates the
following amended Guidelines on the establishment of cooperative satellite offices.
Section 5. Jurisdiction
If the cooperative satellite office will be established within the area where the principal office is located, the
approval and issuance of the Letter of Authority shall be made by the Extension Office (Registering EO)
exercising jurisdiction over the said place. For cooperatives registered with the Central Office, applications for
Letter of Authority to establish a cooperative satellite office shall be approved and issued by the Executive
Director.
If the proposed cooperative satellite office will be established outside the jurisdiction of the Registering EO, the
application to establish a cooperative satellite office shall still be filed with the said Registering EO. The
Registering EO shall then make an evaluation and determination of compliance by the applicant cooperative with
the documentary requirements set forth in Section 6 hereof.
Upon a finding that all the documentary requirements have been completely complied with, the Registering EO
shall thereafter forward the application together with the supporting documents and its appropriate
recommendation to the EO that exercises jurisdiction over the place where the cooperative satellite office will be
established.
The EO where the proposed cooperative satellite office will be established shall issue a Letter of Authority only
upon determination, after conducting an independent evaluation and validation, that there are cooperative
members residing in the area where the cooperative satellite office will be established and are in need of its
services.
Upon issuance of the Letter of Authority, the EO shall then notify and furnish the Registering EO a copy of said
Letter of Authority. In like manner, the Registering EO and the applicant cooperative shall also be notified in case
of denial of the application for Letter of Authority to establish a cooperative satellite office by the EO concerned.
All applications for membership, loans and other business transactions accepted in the satellite office shall be
endorsed to the principal/main office for appropriate action. In no case shall the satellite office exercise discretion
on such matters.
Section 13.Sanctions
Any violation of this Guidelines shall be subject to the following:
1. Cancellation of the Letter of Authority without prejudice to the imposition of the applicable administrative
sanctions to the cooperative under RA9520;
2. Non-issuance of the Certificate of Compliance (COC).
Approved by the CDA Board of Administrators pursuant to Resolution No. 359, s-2016 dated October 18, 2016.
For the Board of Administrators
By:
ORLANDO R. RAVANERA
Chairman