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PHL-2009-L-83684
Breadcrumb
Title_of_text
Cooperative Code of the Philippines, 2008 (R.A. 9520).
Main Region
First Region
Country(ies)
Philippines
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
2009-02-17
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
This text is the consolidation of R.A. 6938. Defines cooperatives as an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperative principles. This law defines the types of cooperatives, regulates their establishment including capital, membership, tax treatment and auditing and also provides for penal provisions in case of violation of the provisions of the Act.
Repealed Text region
Repealed text(s)
1990-03-10 (PHL-1990-L-55522)
Cooperative Code of the Philippines (R.A. No. 6938).
Electronic region
Electronic source title
Act on-line
Author
Congress of the Philippines
Publisher
House of Representatives
Country
Philippines
URL
http://www.congress.gov.ph/download/ra_14/RA09520.pdf
File
PHL83684.pdf (PDF)