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Model Articles of Cooperation for Federation

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Model Articles of Cooperation for Federation

  1. 1. MODEL ARTICLES OF COOPERATION-FEDERATION- CDA Revised March2012 Prepared by: Mian O. BAllesteros PSU BAYAMBANG OJT Supervised by ARD Jo B. Bitonio CDA Dagupan Extension Office
  2. 2. ARTICLES OF COOPERATION OF___________________________ KNOW ALL MEN BY THESE PRESENTS: We, the undersigned duly authorizedrepresentative(s) of our respectivecooperatives, all of legal age and Filipinocitizens, have on this day voluntarily agreed toorganize a (Secondary/Tertiary) federation ofcooperatives, under the laws of the Republic ofthe Philippines, herein after referred to as theFederation.
  3. 3. AND WE HEREBY CERTIFY: ARTICLE I NAME OF ThE FEDERATION That the name of this Federation shall be ___________________________________ ___________________________________ ___________________________________ .
  4. 4. ARTICLE II PuRPOSE(S) That the purpose(s) for which thisFederation is organized is/are to engage in:______________________________________________________________________________________________________
  5. 5. ARTICLE III GOALS The goals of this federation are to help improve the quality of services of its affiliates and in furtherance thereto shall aim:1. To carry on any cooperative enterprise authorized under Article 6 of RA 9520 that compliments, augments, supplements but does not conflict, compete with nor supplant the business or economic activities of its affiliates;2. To carry on, encourage and assist educational and advisory work relating its affiliate cooperatives;
  6. 6. 3. To render services designed to encourage simplicity, efficiency, and economy in the conduct of the business of its affiliates and to facilitate the implementation of their bookkeeping, accounting, and other systems and procedures;4. To print, publish, and circulate any newspaper or other publication in the interest of its affiliates and enterprises;
  7. 7. 5. To coordinate and facilitate the activities of its affiliate cooperatives;6. To enter into joint ventures with national or international cooperatives in the manufacture and sale of products and/or services in the Philippines and abroad; and7. To perform such other functions as may be necessary to attain its objectives.
  8. 8. ARTICLE IVPOwERS AND CAPACITIES That the powers, rights and capacities of this Federation are those prescribed under Article 9 of Republic Act 9520.1. To the exclusive use of its registered name;2. To sue and be sued;3. Of succession;
  9. 9. 4. To amend its articles of cooperation in accordance with the provisions of RA 9520;5. To adopt by-laws not contrary to law, morals or public policy, and to amend and repeal the same in accordance with RA 9520;6. To purchase, receive, take or grant, hold, convey, sell, lease, pledge, mortgage, and otherwise deal with such real and personal property as the transaction of the lawful affairs of the cooperative may reasonably and necessarily require, subject to the limitations prescribed by law and the Constitution;
  10. 10. 7. To enter into division, merger, or consolidation, as provided under RA 9520;8. To avail of loans, be entitled to credit and to accept and receive grants, donations and assistance from foreign and domestic sources subject to the conditions of said loans, credits, grants, donations or assistance that will not undermine the autonomy of the cooperative. The Authority, upon written request, shall provide necessary assistance in the documentary requirements for the loans, credit, grants, donations and other financial support;
  11. 11. 9. To avail preferential rights granted to cooperatives under RA 7160, otherwise known as the Local Government Code, and other laws, particularly those in the grant of franchises to establish, construct, operate and maintain ferries, wharves, markets or slaughters houses and to lease public utilities, including access to extension and on- site research services and facilities related to agriculture and fishery activities; and10. To exercise such other powers granted under RA 9520 or necessary to carry out its purposes as stated in this articles of cooperation.
  12. 12. ARTICLE V TERM OF ExISTENCE The term for which this Federationshall exist is _______ ( ) years fromthe date of its registration with theCooperative Development Authority.
  13. 13. ARTICLE VIAREA OF OPERATION That the membership of this Federationshall come from____________________.Its principal office shall be locatedat_________________________________.
  14. 14. ARTICLE VIINAME AND ADDRESS OF COOPERATORS That the name and complete postal addressof the cooperators are as follows: Name of Affiliate Postal Address of Affiliate Name of Representative
  15. 15. ARTICLE VIII BOARD OF DIRECTORS That the number of Directors of this Federation shall be_________________( ) and the name and address of the Boardof Directors who are to serve until their successors shall havebeen elected and qualified as provided in the by-laws are:
  16. 16. ARTICLE Ix COMMON BOND OF MEMBERShIP That this Federation is composed of dulyregistered cooperatives doing the same lineof business, particularly__________________, willing to patronizethe services of this Federation, andpossess all the qualifications and none ofthe disqualifications provided for in the By-laws.
  17. 17. ARTICLE x CAPITALIzATION That the Authorized Share Capital ofthis Federation is__________PESOS(Php__________),divided into_________(__________) shares with a par value of________ (Php _____ ) per share.
  18. 18. ARTICLE xI SuBSCRIBED AND PAID-uP ShARE CAPITAL That of the authorized share capital, the amountof___________________________(Php_____) has beensubscribed, and _______________ (Php________) of the totalsubscription has been paid by the following affiliate-subscribers: Names of No. Of Amount of No. of Paid-up Amount of Affiliate Subscribed Subscribed Shares Paid-up Shares Shares SharesTOTAL
  19. 19. ARTICLE xII ARBITRAL CLAuSE Any dispute, controversy or claim arising out ofor relating to this Articles of Cooperation, thecooperative law and related rules, administrativeguidelines of the Cooperative Development Authority,including inter-federation disputes and relatedconcerns, and any question regarding the existence,interpretation, validity, breach or termination or thebusiness relationship shall be exclusively referred toand finally resolved by voluntary arbitration under theinstitutional rules promulgated by the CooperativeDevelopment Authority, after compliance with theconciliation or mediation mechanisms embodied inthe applicable by-laws and in such other pertinentlaws.
  20. 20. BE IT KNOWN THAT: __________________________ has been elected as Treasurer of this Federation to act as such until her/his successor shall have been duly appointed and qualified in accordance with the by-laws. As such Treasurer, he/she is authorized to receive payments and issue receipts for membership fees, share capital subscriptions and other revenues, and to pay obligations for and in the name of this Federation.
  21. 21. IN WITNESS WHEREOF, we have hereunto signed ournames this ________ day of _______ in ________, Philippines. NAME AND SIGNATURE OF COOPERATORS/AFFILIATE Cooperator / Name of Signature of Affiliate Representative Representative SIGNED IN THE PRESENCE OF: __________________ _________________Signature Over Printed Name Signature Over Printed Name
  22. 22. ACKNOwLEDGMENTRepublic of the Philippines )Prov./City/Mun. of _________________) S.S. Before me, a Notary Public for and in the Province/City/Municipality of___________ on this_______ day of ____________________ the following persons personally appeared with their Community Tax Certificates/Proof of Identity as indicated opposite their respective names:
  23. 23. Name of Cooperative CTC No. / Date and Place of Affiliate and its Proof of Issuance Representative Identity All known to me to be the samepersons who executed the foregoingArticles of Cooperation, andacknowledged to me that the same istheir free will and voluntary deed.
  24. 24. This instrument known as Article of Cooperation of _______________, consists of ______ pages including this page where the acknowledgment is written signed by parties and their instrumental witnesses on each and every page thereof. WITNESS my hand and seal this day and place first above mentioned. Notary PublicDoc. No. : ____________Page No.: ____________Book No.: ____________Series of _____________
  25. 25. Referencehttp://www.cda.gov.ph/website/html/downloads.htm l

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