COOPERATIVE CODE OF THE PHILIPPINES

1. Definition of Cooperative
2. Cooperative Principles
3. Definition of terms
4. Purposes of cooperatives
5. Objective and goals of a cooperative
6. Powers and Capacities
7. Types and Categories
8. Functions of a Federation of Cooperatives
9. Purposes of Cooperative Unions
10. Cooperatives not in restraint of trade
11. Organization of primary cooperative
12. Economic survey before formation of a proposed cooperative
13. Liability of cooperative duly registered under the Code
14. Term of cooperative
15. Articles of cooperation (contents and requirement of registration with CDA)
16. Juridical personality of cooperative
17. Evidence of juridical personality of cooperative
18. Amendment of articles of cooperation and by-laws
19. Types of membership in cooperatives
20. Liability of members
21. Termination of membership (grounds, procedures)
22. Refund of interests
23. Administration of cooperative
 Composition of the General Assembly
 Power and definition of GA
 Nondelegable power of GA
 Procedure and Required vote for delegation of powers of GA to BOD
 Cooperative meetings
 Quorum
 Voting system
 Composition and term of the BOD
  Powers of the BOD
 Qualifications of Directors in a cooperative
 Meeting of the cooperative board and quorum requirement
 Vacancy
 Officers
 Committees
 Functions, responsibilities and training requirements of directors, officers and committee
members
 Liability of directors, officers and committee members
 Compensation of directors
 Dealings of directors, officers or committee members
 Disloyalty of a director
 Illegal use of confidential information
 Removal of elected officer or director
24. Privileges of cooperative from taxes
 Tax treatment
 Tax and other exemptions
 Other privileges
25. Dissolution
 Voluntary dissolution where no creditors are affected
 Voluntary dissolution where creditors are affected
 Grounds for involuntary dissolution of a cooperative by order of a competent court after
due hearing
 Grounds for suspension or revocation, after due notice and hearing, of certificate of
registration of a cooperative by CDA
26. Liquidation
27. Merger of cooperative and division of cooperative
 Definition of merger
 Procedure for merger
 Required vote for merger of cooperatives
 Effects of merger
 Division of cooperatives
28. Capital, Property and Funds of cooperatives
 Sources of capital
  Maximum limitations on share on share capital holdings of a member
 Maximum limit on the amount of "par value of share of a cooperative
 Fines on unpaid subscribed share capital in a cooperative
 Assignment of share capital contribution or interest in a cooperative
 Capital build-up of a cooperative
 Revolving capital of a cooperative
 Investment of capital by a cooperative
 Annual audit
 Member's right to examine
 Net surplus
 Order of distribution (reserve fund, education & training fund, community development
fund, optional fund, interest on share capital not to exceed the normal rate of return on
investments of patronage refund)
29. Responsibilities of cooperative
 Address
 Cooperative books
 Reports
 Register of members as prima facie evidence
 Probative value of certified copies of entries
 Bonding of accountable officers
 Preference of claims
 Instrument for salary or wage deduction
 Primary lien of a cooperative
30. Insolvency of a cooperative
 Proceedings upon insolvency of a cooperative