Thursday, July 14, 2011

Rights and Privileges of Members


A member shall have the following rights and privileges: 

a. Attend during general membership meetings;
b. Avail himself of the services of the Cooperative, subject  to certain  conditions as  may be prescribed by the Board of Directors;
c. Inspect and examine the books of accounts, the minutes books, the share register, and other records of the Cooperative during reasonable office hours;
d. Secure copies of cooperative records/documents pertaining to the account information of the concerned member;
e. Has preference in the payment of interest on share capital and in the   distribution  of the net assets of the Cooperative in case of liquidation; and
f. Such other rights and privileges as may be granted by the General Assembly.

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