Ra 9520 pdf

Sunday, April 28, 2019 admin Comments(0)

Republic Act No. February 17, AN ACT AMENDING THE COOPERATIVE CODE OF THE PHILIPPINES TO BE KNOWN AS THE " PHILIPPINE. AMENDED IMPLEMENTING RULES AND. REGULATIONS OF RA Approved and signed on March 18, FE D. CAINGLES. IDD Director, CDA. RA s Cooperative Law of the subiecte.info Hector louis Fabiana. Republi cofthePhi li ppi nes Congre ssofthePhi li ppi nes Me t roManil a Fourt.


Author: CLAUDIE TRANMER
Language: English, Spanish, German
Country: Saudi Arabia
Genre: Personal Growth
Pages: 188
Published (Last): 25.12.2015
ISBN: 826-5-69997-884-2
ePub File Size: 16.82 MB
PDF File Size: 10.16 MB
Distribution: Free* [*Regsitration Required]
Downloads: 35746
Uploaded by: BRUNA

Republic of the Philippines Congress of the Philippines Metro Manila Fourteenth Congress Second Regular Session Begun and held in Metro Manila. R.A. (Cooperatives).pdf - Download as PDF File .pdf), Text File .txt) or read online. Assignment of Share Capital Contribution or Interest: Not allowed, unless: He/ She has held such share capital contribution or interest for not.

Appl ic abi li tyofBanki ngLawsandRegul ati ons. Rol eoftheEnergyRegul atoryCommi s sion. Promulgat ionofRulesandRegul ati ons. Scribd Government Docs. Theymay,however,r e-applyasr e gul armembersaft ert wo 2 years.

Flag for inappropriate content. Related titles. Notes on the Securities Regulation Code by Prof. Manuel R. Jump to Page. Search inside document.

9520 pdf ra

Documents Similar To R. Niel Edar Balleza. Krishna Shankar. Alfred Z. Connor Chivas.

R.A. (Cooperatives).pdf | Cooperative | Board Of Directors

Pearl Angeli Quisido Canada. Celine Cole. Romy Wacas. Kenneth Bryan Tegio. Lailani Kato. Tanzila khan. Scribd Government Docs.

Latisha Walker. The Journal of Music. Li abi li ty. Thec oope rati ve ter m,asor igi nall ys t atedi nthearti c l esofc ooperati on,maybee xte ndedf orperiodsnot excee dingfift y 50 y earsinanys i ngleinstanc ebyaname ndmentofthear ti cle sof cooperat ion,inaccordancewi ththisCode: Byl aws.

Thebylawss hallbefi ledatt hesametimeas theart icl esofcoope rati on. Allappli cationsforregistr ations hallbef i nallydisposedofbyt heAut hori ty withi nape ri odofs ix ty 60 daysf r om t hef i li ngt he r eof,otherwiset heappli cationisdeeme d approve d,unl essthecaus eofthede layisat t ributabletot heapplicant: AmendmentofArtic lesofCooperat ionandBy laws.

Theame ndme ntsshallt akeeffectuponi tsappr ovalby theaut horityorwi t hinthirty 30 day sfr om t hedat eoff i lingthe r e ofifnotac te duponby theAut hor i tyforac ausenotat tributablet ot hec ooper ati ve. Div isi onofCooper atives. The procedureforsuchdivi sionshal lbepresc ribedi ntheregul at i onsoftheAuthor i ty: Provided, Thatallt her equir eme ntssetfor t hinthisCodehav ebeencompl i edwi t hbyt hene w cooperat ives: Thedis senti ngme mbers shal lhav etherightt oexerc isetheirr ighttowithdrawt heirmembers hippursuanttoArti cl e I nanyc ase,t heme rgerorc ons olidati onofcooper ative s.

I nany case,t heme rge rorcons ol idati onshallbeeffe cti veuponthei ssuanceofthecer tif icat eof me r gerorconsoli dati onbyt heAuthority.

Eff ect sofMergerandCons oli dat ion. Anyclai m,ac t ionorpr ocee dingpe ndingbyoragai nstanysuch consti tuentcooperati v esmaybepr osec ut edbyoragai nstt hesur vi vingor consoli datedcoope r ative,asthec asemaybe. Ne itherther i ghtsofc redi tor snorany li enupont hepropertyofanys uchconsti tuentc ooperati ve sshallbeimpairedbysuch me rgerorconsoli dation. I tisforme dandope r atedbyi tsme mbe r st ounde r takethe productionandpr oce ssingofr awmat er ial sorgoodspr oduc edbyi tsme mbe r sinto fi nishe dorpr ocess edpr oductsforsalebythecooperativet oitsme mbe rsandnon- me mbe rs.

Func tionsofaFeder ationofCooper ati ves. Cooperati veUnions. Cooperat iveunions mayhav et hefoll owingpurpos e s: Arti cl es26,27,28,29,30,31and32ofChapt erI IIonMe mbe rshi poft hes ameCodear e herebyrenumberedandame ndedtoread,asf oll ows: Anas sociateme mberisonewhohas norightt ovot enorbev oteduponands hallbeent itledonlytos uchr i ghtsandpr i vil egesas thebylawsmaypr ovide: Alaborator ycoope rati veshal lbegover nedbyspe c i al guideli nestobepromulgat edbyt heAuthorit y.

Gover nmentOff icer sandEmpl oyees. Pr ovided,Thatthedisquali fic ationdoe snote x tendtoapart yli st re pr es entati vebei nganof fi cerofac oope r at iveheors her epre sents;and " 3 Anygov er nme ntemploy eeoroffic ialmay,i nt hedischargeofisdut i esasame mbe rin thecooperati ve,beall owedbytheendofof fi ceconcernedtous eoffi cialti mef orattendance atthegeneralassembly ,boar dandc ommi tt eeme eti ngsofc ooperat ivesaswe llascooperati ve seminars ,conference s,works hops,t e c hnicalmeeti ngs,andt rai ningcour s eslocall yorabr oad: Provi ded,Thattheope r ati onsoft heof fi ceconce rne darenotadv ers elyaffect ed.

Applicati on. Forthispur pose,thege ne r alas sembl ymayoptt oc reat ean appealandgr ievancec ommi ttee,t heme mbe rsofwhi chs hallse r vef orape ri odofone 1 yearands hallde c ideappe alsonme mbe rshipappl ic ationwi t hi nthirty 30 day suponr ecei pt thereof.

Ifthec ommi tteefailstode ci dewi t hint hepr escr ibe dpe ri od,t heappe alisdeeme d approv edinf avoroft heappl ic ant.

RA 9520.pdf

Li abi li tyofMembers. TerminationofMember ship. Subjec ttot heby lawsoft hec ooperat ive ,thewithdrawingme mber shal lbee ntit ledtoar efundofhi ssharec apitalcontri buti onandallotherintere stsi nt he cooperat ive: Provi ded,Thatincaseofdeathorinsanit yofan agrari anreform benefic iary -me mberofacoope r ati ve,t hene xt- of-ki nmayas sumet hedut ies andr es ponsibil it iesoftheorigi nalme mber " 3 Member shi pinthec ooper ati vemaybet er minate dbyav ot eofthemaj ori tyofal lthe membe rsoft heboar dofdir ect orsforanyoft hefol lowingc auses: Thede ci sionoft heboar ds hallbeinwr it ingand shallbec ommuni catedinpe rsonorbyr egist eredmai ltos aidme mbe rands hallbe appe alabl ewi thint hirt y 30 day sfr om r ecei ptther e oft ot hege ne ralassembl ywhos e decisionshallbef inal.

Thegene ralassembl ymayc reat eanappe alandgr ievanc ecommi t tee whos eme mbe rsshallserveforape ri odofone 1 y earands halldec i deappe al son me mbe r shiptermi nation. Thec ommi tt eeisgiventhir ty 30 day sf rom receiptthereofto decideont heappe al. Fail uretode ci dewi thinthepr escribe dperiod,theappe alisdeemed approv edinfav oroft heme mbe r.

Pendingade cis ionbyt hege ne ralassembl y,the me mbe r shipremai nsi nforce. Art icl es33,34,35,36,37,38,39,40,42,42,43,44,45,46,47,48,49,50and51ofChapt erI V onAdmi ni str ati onoft hesameCodear ehe r ebyrenumbe redandame ndedtor e ad,asf oll ows: Thegener alass emblyshal l havethefoll owingexcl usiv epowe r swhichcannotbede l egate: Howe v er,i nt hecaseoftheelectr iccooper ati vesregi ste redundert hisCode , elec tionoftheme mbe r soft heboardshallbehe l dinacc ordancewithi tsbyl awsor elec tionguidel ineofsuchelectr iccooperati ve;and " 3 Toappr ovede vel opme ntalpl ansoft hec oope rat ive.

The sepowe rss hal lbee nume rat edunde rtheby lawsoft he c ooper ati ve. Meet ings. Inthec aseofcooper ati vebanks,thequorum shallbeas prov idedinArti cl e99oft hi sCode.

You might also like: WALT WHITMAN PDF

Voti ngSystem. Inthecaseofme mber sofsec ondar yort ert iar yc ooper ativ e s ,theyshal lhaveone 1 basi cvoteandasmanyi nc enti vevotesasprov ide dfori nthebylawsbutnotexce e dfi ve 5 vot es. Thevotescas tbythedel egate ss hal lbedeemedasv ot escastbytheme mbersther eof. Voti ngbyproxyme ansal lowi ngadelegateofacoope rati vetore pre sentorvot einbehal fof anot herdele gateofthesamecooper ative. Composit ionandTer m oftheBoardofDirect ors.

Power softheBoar dofDirector s. Dir ectors. Suchdi rect ororc ommi tt eeme mbe rnotbeame mbe rofthec ooperativ eand shallhavenopowe rs,ri ghts,norresponsi bil iti esexcepttoprovidedtechnicalassi stanceas requiredbythec oope r ative. Meet ingoft heBoardandQuorum Requi rement. Vacanc yintheBoar dofDirect ors. Adir e c torsoe l ectedtofil la vacancyshallser v eonl ytheunexpi redt er m ofhispredece ssorinof fi c e. Al loffic e rsshal ls e rve duringgoodbe haviorands hallnotber emov e de xceptforc aus eafterduehe aring.

Lossof confidenceshallnotbeav ali dgr oundf orremov alunl essev i de ncedbyac tsoromi s sion causinglossofc onfidenceinthehone styandi ntegrityofs uchof f icer. Not wo 2 ormor e personswi threlati ons hi psupt ot hethi rdci vilde greeofc ons angui nityoraf fini t ynorshall anype rsone ngagedi nabus i ne s ss i mi lartothatoft hec oope r ativ enorwhoi nanyot her manne rhasi nterestsinconfl ictwi t ht hec oope r at i ves hallserv easanappoi ntiveoffice r.

Commit teesofCooper ati ves. Theme mbe r sofbot htheauditande lect ionc ommi tt eeshallbe elec tedbyt hege neralas s embl yandt her e stshallbeappointedbyt heboar d. Theaudit commi tt ees hallbedi r ec t lyaccount ableandr esponsi bletothege neralas s embly. Deal ingsofDi rec tor s,Of fi cer s,orCommi tteeMember s. Prov ided,Thatful ldisclosureoftheadve rs ei nter estofthedir ectorsinvolv ed ismadeats uchme et ing,andthatthec ontractisf airandr easonableunderthecirc ums tances.

Thisprov isi on shallbeappli cable,notwit hstandingthef actt hatthedir e c t orus edhi sownf undsinthe venture. Suc hof f icershallbegiv e ntheopportuni tytobehe ard.

Pdf ra 9520

Maj ori tyofthe boardofdire ctorsmaypl ac etheof f icerconcernedunderpreventi vesuspensionpe ndingthe res oluti onoft heinvesti gation. Uponf i ndingofapr imafaci ee v idenc eofgui lt,theboardshall pres entitsre comme ndationf orremov altothegene r alass embl y. Art icl es52,53,54,55,56,57,58,59,60,61,62and63ofChapte rVonRes pons ibi li ties ,Right s andPri v i lege sofCoope r ati vesofthesameCodear eher ebyre numbe r edandame ndedtoread,as fol lows: Suc haddres sandever yc hangether eofs hal lbe regi ste redwiththeAuthorit y.

Heshal lals oberesponsibl efortheproducti onofthesameatthetimeofauditori nspecti on. Heshallal sober es ponsiblef ortheproduct ionofthes ameatthetime ofaudi torinspect ion.

Pdf ra 9520

Thefinanci als tate me nt s ,auditedaccordingtogener all yacceptedaudit ing standards,pri ncipl esandpr act ice s ,shallbepublishedannual lyandshallbekeptposte di na conspicuousplaceint hepr i nci palof fi ceoft hecooperat ive. Aninventoryoft heaudited documents,recor dsandbookst obedisposedofs hallbedr awnupandc e rt i fi edtobythe boardsecr etaryandthec hair manoft heaudi tcommi t teeandpr esent e dt otheboardof dir ector swhi chmayt hereuponapprovet hedispos i tionofs ai dr ecords.

Ther eportsshallbemade access ibletoi tsme mbe rs,andc opiesthereofs hallbefurnishedt oalli tsme mbe rsorrecord. Theserepor tsshallbef i ledwi t ht heAut horitywi thinonehundr edtwe nty day sfr om theendoft hec alendary ear. Thef orm andc ontentsofther eportsshallbeaspr esc ribedby therulesoft heAut hori ty.

R.A. 9520 (Cooperatives).pdf

Thef iscalyearofevery cooperativ es hal lbethec alendary eare xc eptasmaybeot herwi s epr ovi de di ntheby l aws. BondingofAc countableOffic ers.

Theboardofdirec torsshalldeter mi netheade quacyof suchbonds.

Pdf ra 9520

Suchbondsshallbere newed manual lyandtheAuthor ityshal laccor dinglybeinf orme dofsuchrenewal. Thelien uponthepropert yorinter estshallconti nuet oexi tevenaf tert hesaleorconveyancethereof unti lsuchli enhasbeendulyextinguished. I nst rumentf orSalar yorWageDeduc ti on. The empl oye rs hallmaket hededuc t ionf oraslongassuchdebtorotherdemandr emai nsunpaid bythee mpl oyee.

Views Total views. Actions Shares. Embeds 0 No embeds. No notes for slide. RA 1. The Philippine Cooperative Code of 2. Signed by the President into law on February 17, and effective fifteen 15 days after its publication in the Official Gazette or in a newspaper of general circulation March 7, 3.

Cooperative An autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services, and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperative principles.

Men and women serving as elected representatives, directors or officers are accountable to the membership. In primary cooperatives, members have equal voting rights of one-member, one-vote. Cooperatives at other levels are organized in the same democratic manner 7. At least part of that capital is the common property of the cooperative. Autonomy and Independence Cooperatives are autonomous, self-help organizations controlled by their members.

If they enter into agreements with other organizations, including government, or raise capital from external sources, they shall do so on terms that ensure democratic control of their members and maintain their cooperative autonomy. Education, Training and Information Cooperatives shall provide education and training for their members, elected and appointed representatives, managers, and employees, so that they can contribute effectively and efficiently to the development of their cooperative Cooperation Among Cooperatives Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.

Concern for Community Cooperatives work for the sustainable development of their communities through policies approved by their members.

New Terms in the Code Representative Assembly means the full membership of a body of representatives elected by each of the sectors, chapters or district of that cooperative duly assembled for the purpose of exercising such powers lawfully delegated unto them by the general assembly in accordance with its bylaws; Officers of the Cooperative as provided under Art.

Officers elected by the General Assembly: C,Officers appointed by the Board of Directors: