Sample By-laws Cooperative (Consumers Cooperative)
By – Laws of Bountiful Society Consumers Cooperative
KNOW ALL MEN BY THESE PRESENTS:
We, the undersigned Filipino citizen, of legal age, and residents of the Philippines, representing at least majority of the members of the Bountiful Society Consumers Cooperative (BSCC), a primary consumer cooperative, do hereby adopt the following code of By-laws.
Article I
Purpose/s and Goals
The purpose/s and goals of this Cooperative is to provide its members consumer basic needs and clean drinking water by means of credit, with provisions set forth in its Articles of Cooperation.
Article II
Membership
Section 1. Membership. This Cooperative shall have regular membership only.
A regular member is one who has complied with all the membership requirements and entitled to all the rights and privileges of membership.
Section 2. Qualification for Membership - The membership of this Cooperative is open to all natural persons, Filipino citizen, of legal age, with capacity to contract and, within the common bond and field of membership described as follows:
1. Pledge to undertake the responsibilities of members;
2. Complete the prescribed pre-membership cooperative education program;
3. Use or anticipate to use the services of the cooperative more particularly the goods and water services; and
4. Provided that no member shall be accepted if he/she is already a member of an existing cooperative of the same kind operating in the same area.
Section 3. Type of Membership
a. Regular Member
A regular member is one who has complied with all the membership requirements and entitled to all the rights and privileges of membership;
b. Retired Regular Member
A member who has retired but opted to continue membership in the Cooperative. A retired regular member has the right to vote but not be voted upon. However, he/she may be appointed to serve in non-elective Committees.
c. Honorary Member
Former members, (administrators, faculty, Brothers, alumni) and other distinguished persons who
KNOW ALL MEN BY THESE PRESENTS:
We, the undersigned Filipino citizen, of legal age, and residents of the Philippines, representing at least majority of the members of the Bountiful Society Consumers Cooperative (BSCC), a primary consumer cooperative, do hereby adopt the following code of By-laws.
Article I
Purpose/s and Goals
The purpose/s and goals of this Cooperative is to provide its members consumer basic needs and clean drinking water by means of credit, with provisions set forth in its Articles of Cooperation.
Article II
Membership
Section 1. Membership. This Cooperative shall have regular membership only.
A regular member is one who has complied with all the membership requirements and entitled to all the rights and privileges of membership.
Section 2. Qualification for Membership - The membership of this Cooperative is open to all natural persons, Filipino citizen, of legal age, with capacity to contract and, within the common bond and field of membership described as follows:
1. Pledge to undertake the responsibilities of members;
2. Complete the prescribed pre-membership cooperative education program;
3. Use or anticipate to use the services of the cooperative more particularly the goods and water services; and
4. Provided that no member shall be accepted if he/she is already a member of an existing cooperative of the same kind operating in the same area.
Section 3. Type of Membership
a. Regular Member
A regular member is one who has complied with all the membership requirements and entitled to all the rights and privileges of membership;
b. Retired Regular Member
A member who has retired but opted to continue membership in the Cooperative. A retired regular member has the right to vote but not be voted upon. However, he/she may be appointed to serve in non-elective Committees.
c. Honorary Member
Former members, (administrators, faculty, Brothers, alumni) and other distinguished persons who