Chapter 3: Membership Flashcards
(29 cards)
When is membership perfected?
Upon approval of BOD of application for membership
What is the remedy of an applicant for membership when denied by BOD?
Appeal to the general assembly
Which body creates final decision?
General Assembly
When can an associate member be a regular member?
- Meets the requirements of a regular member
- Continues to be an associate member for 2 years
- Continues to patronize the cooperative for 2 years
- Signifies her intention to remain a member
This is a cooperative organized by minors.
Laboratory Cooperative
With which cooperative is affiliated with laboratory cooperatives?
Guardian Cooperative
The members of the Appeal and Grievances Committee may hold office for how many years?
1 (renewable)
Who will be liable for any violations committed in the operation of a laboratory cooperative?
Guardian Cooperative
Can a member of a laboratory cooperative who reaches the age of majority join a Guardian Cooperative?
Yes
True or False: A Guardian Cooperative may only supervise 1 laboratory cooperative.
False. It may supervise more than 1.
True or False: The dissolution of the Guardian Cooperative shall result in the revocation of the Certificate of Recognition of the Laboratory Cooperative.
True
True or False: Any officer or employee of the CDA shall be disqualified to be elected to any position in a cooperative.
True
The GR is that any officer or employee of the CDA shall be disqualified to be elected to any position in a cooperative.
What is the XPTN?
in a cooperative organized by the officer or employee of the Authority
True or False: All elective officials of the Government shall be ineligible to become officers and directors of cooperatives.
True
The GR is all elective officials of the Government shall be ineligible to become officers and directors of cooperatives. What is the XPTN?
To a partylist representative
May a government official use official time to attend a general assembly, BOD meetings, and other cooperative activities?
Yes as long as the operations of the office of the official is not adversely affected.
What committee may the general assembly create to accommodate appeals on applications for membership?
Appeal and Grievance Committee
For how many days will the appeal and grievance committee decide on appeals on membership application?
30 days
What is the liability of members?
To the extent of their capital contribution
When a member decides to withdraw his membership, how many days notice must be given to the BOD?
60 day notice
What is the instance where a refund cannot be made to a withdrawing member?
If the value of the assets of the cooperative would be less than the aggregate amount of its debts and liabilities exclusive of his share capital contribution.
What are the grounds for termination in a primary cooperative?
Death or insanity
In a case of death or insanity of an agrarian reform beneficiary-member of a cooperative, his membership is not terminated. Who will assume his duties as a member?
His next-of-kin
What is the vote required when terminating membership?
Majority of all members with voting rights