R.A. 9520-Salient Points - Cooperative Development Code
R.A. 9520-Salient Points - Cooperative Development Code
R.A. 9520-Salient Points - Cooperative Development Code
Representative Assembly
Subsidiary Cooperatives
Social Audit
Performance Audit
Organization and Registration
Completed a Pre-Membership Education
Seminar (PMES)
Newly organized primary coop may only be
registered as an MPC after compliance with the
minimum requirements for MPCs to be set by
the CDA
Submission of Economic Survey with staffing
pattern which includes at least a bookkeeper
Articles of Cooperation
At least 15 members of legal age
Minimum Capitalization of PhP 15,000
Organization and Registration
CDA to periodically assess the required paid-up
capital of coops and may increase it every five
(5) yrs when necessary upon consultation with
the coop sector and National Economic
Development Authority (NEDA) (Guidelines to
be drafted)
Any merger, consolidation and division of
cooperatives require 3/4 affirmative votes of all
members with voting rights present and
constituting a quorum
Additional Types of
Cooperatives
Advocacy
Dairy
Education and Training
Fishermen
Financial Service
Health Service
Housing
Water Service
Workers
Federation