Share

Model Articles of Cooperation - Union

CDA articles of cooperation for union

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: Revised March2012

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) Union of cooperatives,
under the laws of the Republic of the Philippines, herein after referred to as
the Cooperative Union.
AND WE HEREBY CERTIFY:
Article I
Name of the Cooperative Union
That the name of this Cooperative Union shall be _________________
_______________________________________________________________________.
Article II
Purpose(s)
That the purpose(s) for which this Cooperative Union is organized are:
a) _______________________________________________________
b) _______________________________________________________
c) _______________________________________________________

Article III
Goals
The goals of this Cooperative Union are to help improve the quality of
services of its affiliates and in furtherance thereto shall aim:
a. To represent its affiliate organizations;
b. To acquire, analyze, and disseminate economic, statistical, and other
information relating to its affiliates and to all types of cooperatives
within its area of operation;
c. To sponsor studies in the economic, legal, financial, social, and other
phases of cooperation, and publish the results thereof;
d. To promote the knowledge of cooperative principles and practices;
e. To develop the cooperative movement in their respective jurisdictions;
f. To advise the appropriate authorities on all questions relating to
cooperatives;
g. To raise funds through membership fees, dues and contributions,
donations, and subsidies from local and foreign sources whether
private or government; and
h. To do and perform such other non-business activities as may be
necessary to attain the foregoing objectives.

Page 1 of 6

Revised March2012

Article IV
Powers and Capacities
This Cooperative Union registered under RA 9520 shall have the
following powers, rights and capacities:
1.
2.
3.
4.
5.
6.

7.
8.

9.

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;
To adopt bylaws not contrary to law, morals or public policy, and to
amend and repeal the same in accordance with RA 9520;
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;
To enter into division, merger, or consolidation, as provided under RA
9520;
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; and
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 Cooperative Union 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 Cooperative Union shall come from
__________________________________________. Its principal office shall be
located at _____________________________________________________________.
Article VII
Name and Address of Cooperators
That the name and complete postal address of the cooperators are as
follows:
Name of Cooperator/
Postal Address of
Name of
Affiliate
Cooperator/Affiliate
Representatives

Page 2 of 6

Revised March2012

Name of Cooperator/
Affiliate

Postal Address of
Cooperator/Affiliate

Name of
Representatives

Article VIII
Board of Directors
That the number of Directors of this Cooperative Union 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 this by-laws are:
Name
1.
2.
3.
4.
5.

ARTICLE IX
Capital Contribution
That the capital contribution of the Cooperative Union shall be
___________________________________________________Pesos
(Php_____.00).
That the amount of capital contribution of affiliates is, as follows:
Names of Cooperator/Affiliate

Total

Page 3 of 6

Amount of Contribution

Revised March2012

ARTICLE X
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 interfederation 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 this Articles and in such other pertinent laws.

BE IT KNOWN THAT:
__________________________ has been elected as Treasurer of this
Cooperative Union 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, capital contribution and other revenues, and to pay
obligations for and in the name of this Cooperative Union.
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

Signature Over Printed Name

Page 4 of 6

Revised March2012

Page 5 of 6

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 Proof of Identity as indicated opposite their respective names:
Name of
Cooperative Affiliate and its
representative

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 _____________

Page 6 of 6
 
Page of
Share