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Model Articles of Cooperation - Federation

CDA articles of cooperation for federation

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ARTICLES OF COOPERATION
of
__________________________________________________
KNOW ALL MEN BY THESE PRESENTS:
We, the undersigned duly authorized representative(s) of our
respective cooperatives, all of legal age and Filipino citizens, have on this day
voluntarily agreed to organize a (Secondary/Tertiary) federation of
cooperatives, under the laws of the Republic of the Philippines, herein after
referred to as the Federation.
AND WE HEREBY CERTIFY:
Article I
Name of the Federation
That the name of this Federation shall be ________________________
_______________________________________________________________________
_______________________________________________________________________.
Article II
Purpose(s)
That the purpose(s) for which this Federation is organized is/are to
engage in:
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
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, augment, 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;
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;
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; and

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Revised March2012

7. To perform such other functions as may be necessary to attain its
objectives.
Article IV
Powers and Capacities
That the powers, rights and capacities of this Federation are those
prescribed under Article 9 of Republic Act 9520.
1.
2.
3.
4.

To the exclusive use of its registered name;
To sue and be sued;
Of succession;
To amend its articles of cooperation in accordance with the provisions
of RA 9520;
5. To adopt bylaws 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;
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;
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; and
10.
To exercise such other powers granted under RA 9520 or
necessary to carry out its purposes as stated in this articles of
cooperation.
Article V
Term of Existence
The term for which this Federation shall exist is _________ ( ) years
from the date of its registration with the Cooperative Development Authority.
Article VI
Area of Operation
That the membership of this Federation shall come from __________
___________________________________________. Its principal office shall be
located
at
__________________________________________________________
__________________________________________________________.

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Revised March2012

Article VII
Name and Address of Cooperators
That the name and complete postal address of the cooperators are as
follows:
Name of Affiliate

Postal Address of
Affiliate

Name of Representative

Article VIII
Board of Directors
That the number of Directors of this Federation shall be
______________________(
) and the name and address of the Board of
Directors who are to serve until their successors shall have been elected and
qualified as provided in the by-laws are:
Name

1.
2.
3.
4.
5.
Article IX
Common Bond of Membership
That this Federation is composed of duly registered cooperatives doing
the same line of business, particularly ______________________, willing to

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Revised March2012

patronize the services of this Federation, and possess all the qualifications
and none of the disqualifications provided for in the By-laws.
ARTICLE X
Capitalization
That the Authorized Share Capital of this Federation is
___________________________________PESOS (Php__________), divided into
____________________________________ (________) shares with a par value of
______________________________ (Php ______ ) per share.

ARTICLE XI
Subscribed and Paid-up Share Capital
That
of
the
authorized
share
capital,
the
amount
of
_______________________________________(Php________) has been subscribed,
and ____________________________________________ (Php________) of the total
subscription has been paid by the following affiliates-subscribers:

Names of Affiliate

No. of
Subscribed
Shares

Amount of
Subscribed
Shares

No. of
Paid-up
Shares

Amount of Paidup Shares

Total

ARTICLE XII
Arbitral Clause
Any dispute, controversy or claim arising out of or relating to this
Articles of Cooperation, the cooperative law and related rules, administrative
guidelines of the Cooperative Development Authority, including inter-

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Revised March2012

federation disputes and related concerns, and any question regarding the
existence, interpretation, validity, breach or termination or the business
relationship shall be exclusively referred to and finally resolved by voluntary
arbitration under the institutional rules promulgated by the Cooperative
Development Authority, after compliance with the conciliation or mediation
mechanisms embodied in the applicable bylaws and in such other pertinent
laws.
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.
IN WITNESS WHEREOF, we have hereunto signed our names this
________ day of _______ in _______________, Philippines.

NAME AND SIGNATURE OF COOPERATORS/AFFILIATE
Cooperator/Affiliate

Name of Representative

Signature of
Representative

SIGNED IN THE PRESENCE OF:

_________________________
Signature Over Printed Name

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__________________________
Signature Over Printed Name

Revised March2012

ACKNOWLEDGMENT

Republic 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:
Name of
Cooperative Affiliate and its
representative

CTC
No./Proof
of Identity

Date and
Place of Issuance

All known to me to be the same persons who executed the foregoing Articles
of Cooperation, and acknowledged to me that the same is their free will and
voluntary deed.
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 Public
Doc. No. : ____________
Page No.: _____________
Book No.: _____________
Series of _____________
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