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COOPERATIVE
MANAGEMENT
COOPERATIVE MANAGEMENT
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
KCAST
“ A cooperative is an :
Autonomous
duly registered association of persons with common
bond of interest who have voluntarily joined together to
achieve their social, economic, and cultural needs and
aspirations
Making equitable distributions to the capital required
Patronizing their products and services
Accepting fair share of the risks and benefits of the
undertaking
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(a) Credit Cooperative
(b) Consumers Cooperative;
(c) Producers
(d) Marketing Cooperative
(e) Service Cooperative
(f) Multi-purpose Cooperative;
(h) Agrarian Reform Cooperative 4
(i) Cooperative Bank
(j) Dairy Cooperative
(k) Education Cooperative
(l) Electric Cooperative
(m) Financial Service Cooperative
(n) Fishermen Cooperative
(o) Health Services Cooperative 13
(p) Housing Cooperative
(r)Transport Cooperative
(s) Water Service Cooperative
(t) Workers Cooperative
(u)Other types of cooperatives as may
be determined by the Authority
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(1)To encourage thrift and
savings mobilization among the
members;
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(13) To encourage and promote self-
help or self-employment as an
engine for economic growth and
poverty alleviation; and
(14) To undertake any and all other
activities for the effective and
efficient implementation of the
provisions of this Code.
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This should be enumerated
specifically by the cooperative in
their articles of cooperationthe
type of business that they will
engage into.
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(1) To the exclusive use of its
registered name, to sue and be
sued;
(2) Of succession;
(3) To amend its articles of
cooperation in accordance with
the provisions of this Code;
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(4) To adopt by-laws not contrary to
law, morals or public policy, and
to amend and repeal the same in
accordance with the Code;
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(5) To purchase, receive, take or grant,
hold, convey, sell, lease, pledge,
mortgage, 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 law and
the Constitution;
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(6) To enter into division,
merger or consolidation
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(9) To avail of loans, be entitled to
credit and to accept and
receive grants, donations and
assistance from foreign and
domestic sources.
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(10) To avail of preferential rights
granted to cooperatives under
Republic Act No. 7160,
otherwise known as the Local
Government Code, and other
laws.
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(11) To organize and operate schools
in accordance with Republic Act
No. 9155
(12) To exercise such other powers
granted by the Code or as stated
in its articles of cooperation.
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