The document outlines the duties and responsibilities of cooperative members, which include paying share capital subscriptions on time, patronizing cooperative businesses and services, participating in education programs, attending general meetings, and obeying cooperative rules and regulations. It also describes the rights and privileges of members, such as attending meetings, accessing cooperative services, inspecting records, obtaining account documents, participating in training, and other privileges granted by the general assembly.
2. Duties and
Responsibilities
of a Member
Pay the installment of his/her
share capital subscription as it
falls due and to participate in the
capital build-up and savings
mobilization activities of the
cooperative
1st
5. Duties and
Responsibilities
of a Member
Attend and participate in the
deliberation of all matters
taken during general assembly
meetings
4th
6. Duties and
Responsibilities
of a Member
Observe and obey all lawful
orders, decisions, rules and
regulations adopted by the
Board of Directors and the
general assembly
5th
7. Duties and
Responsibilities
of a Member
Promote the purposes and
goals of the Cooperative, the
success of its business, the
welfare of its members and the
cooperative movement in
general
6th
9. Avail himself of the
services of the
Cooperative, subject
to certain conditions
as may be prescribed
by the Board of
Directors
Rights & Privileges of Members
2nd
10. Inspect and examine
the books of accounts,
the minutes’ books,
the share register, &
other records of the
cooperative during
reasonable office hours
Rights & Privileges of Members
3rd
11. Secure copies of
cooperative records /
documents pertaining
to the account
information
of the concerned
member
Rights & Privileges of Members
4th
12. Participate in the
continuing education
and other training
programs of the
cooperative
Rights & Privileges of Members
5th
13. Such other rights
and privileges as
may be granted by
the General
Assembly
Rights & Privileges of Members
6th
14. A. Pay the installment of his/her share capital subscription as it falls due
and to participate in the capital build-up and savings mobilization
activities of the Cooperative;
B. Patronize the Cooperative’s business(es) and services;
C. Participate in the membership education programs and other
activities and affairs of the Cooperative;
D. Attend and participate in the deliberation of all matters taken during
General Assembly meetings;
E. Observe and obey all lawful orders, decisions, rules and regulations
adopted by the Board of Directors and the General Assembly.
Sample from Kapalong Cooperative
Kapalong, Davao del Norte
Duties and Responsibilities
15. A. Attend general membership meetings;
B. Avail himself of the services of the Cooperative, subjects to certain
conditions as may be prescribed by the Board of Directors;
C. Inspect and examine the books of accounts, the audited financial
statements, the minutes books, the share register, and other records of the
Cooperative during reasonable office hours;
D. Secure copies of Cooperative records/documents pertaining to the
account information of the concerned member;
E. Participate in the continuing education and other training programs of the
Cooperative; and
F. Such other rights and privileges as may be granted by General Assembly.
Sample from Kapalong Cooperative
Kapalong, Davao del Norte
Rights and Privileges of Membership