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COOPERATIVE POWERS

AND POWERS
CAPACITIES
OF
COOPERATIVES

a. To sue and be sued in its cooperative name;


ARTICLE 9 b. To exercise the right of succession;
c. To exercise powers provided for in the cooperative
“ To exercise such other powers… Code:
necessary to carry out its purpose 1) To amend its articles of cooperation in accordance
as stated in its articles of with the provisions of the code;
cooperation” 2) To adopt by-laws, morals or public policy, and to
amend and repeal the same;
3) To enter into division, merger or consolidation;
4) To join federations or unions;
d. To purchase, receive, take or grant, hold, convey,
sell, lease, pledge, mortgage, and otherwise deal e. To accept and receive grants, donations and
with such real and personal property as the assistance from foreign and domestic
transaction of the transaction of the lawful affairs of sources;
the cooperative may reasonable and the necessarily
require, subject to the limitations prescribed by law
f. To exercise such other powers granted by
and the Constitution; the Code.

✔Fifteen(15) or more natural persons who are Filipino


citizens can start the formation of a primary
ORGANIZING A cooperative.
✔There must be a common bond of interest existing
PRIMARY among them.
COOPERATIVE
FOUR TYPES OF
ARTICLE 10 COMMON BOND OF INTEREST
Residing or working in the intended are of
Residential operation.
“ Having a common bond of interest and
are residing or working in the intended Institutional Working in the same institution that is the
intended area of operation.
area of operation may organize a
cooperative” Associational Belong to the same association.

Belong to the same line of occupation or


Occupational industry.

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