Organizational Structure of Cooperative Under RA 9520
CDA Memorandum Circular No. 007-11 outlines the organizational structure of cooperatives under Republic Act No. 9520. It states that the management of a cooperative is directed by a board elected by the general assembly, as specified in Article 37. Additionally, Article 43 mandates that the by-laws must establish various committees, including audit and election committees, with members elected by the general assembly and other committees appointed by the board. This memorandum serves as guidance for the establishment and governance of cooperatives in the Philippines.
Law Information
- Reference Number
- CDA Memorandum Circular No. 007-11
- Date Enacted
- Category
- Other Rules and Procedures
- Subcategory
- Cooperatives
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 22, 2011
CDA MEMORANDUM CIRCULAR NO. 007-11
| FOR | : | All Concerned |
| SUBJECT | : | Organizational Structure of Cooperative Under RA 9520 |
Article 37 of RA 9520 provides, "Unless otherwise provided in the by-laws, the direction and management of the affairs of a cooperative shall be vested in a board which shall be composed of . . . elected by the general assembly . . . ."
Likewise Article 43 (2) provides, "The by-laws shall provide for the creation of an audit, election, mediation and conciliation, ethics, and such other committees as may be necessary for the conduct of the affairs of the cooperative. The members of both the audit and election committees shall be elected by the general assembly and the rest shall be appointed by the board."
Based on the above provisions, the organizational structure of a primary cooperative under RA 9520 shall be as shown below:
For information and guidance.
APPROVED on February 2011 per BOA Resolution No. 32-S-2011.
For the Board of Administrators
By:
(SGD.) EMMANUEL M. SANTIAGUEL, Ph.DChairman
Cite This Law
Organizational Structure of Cooperative Under RA 9520, CDA Memorandum Circular No. 007-11, Feb 22, 2011 (Philippines)
Organizational Structure of Cooperative Under RA 9520, CDA Memorandum Circular No. 007-11 (Phil. 2011)
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