Amendment to Cooperative Share Capital Limits

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CDA MEMORANDUM CIRCULAR NO. 2013-10: Amendment to Cooperative Share Capital Limits

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Title Source: Supreme Court: Amendment to Cooperative Share Capital Limits

Law: Cda Memorandum Circular No. 2013-10

Decision Date: Feb 7, 2013

The CDA Memorandum Circular No. 2013-10 amends previous regulations to enforce a 10% ownership limit on share capital for members of primary, secondary, and tertiary cooperatives, while establishing minimum paid-up capital requirements for federations and unions.

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