Share Capital Limitations for Cooperatives

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CDA MEMORANDUM CIRCULAR NO. 2011-05: Share Capital Limitations for Cooperatives

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Title Supreme Court: Share Capital Limitations for Cooperatives

Law: Cda Memorandum Circular No. 2011-05

Decision Date: Feb 22, 2011

CDA Memorandum Circular No. 2011-05 mandates that cooperatives must have at least 25% of their authorized share capital subscribed and paid, while limiting individual member ownership to a maximum of 10% of the total subscribed share capital.

share capital

cooperative law

authorized capital

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