Issuance of Certificate of Good Standing

Certificate of Good Standing (CGS) is valid for one year from issuance.
May be revoked earlier for non-compliance with R.A. 6938, 6939, Implementing Rules, and other laws or circulars.
The certificate must specify the purpose for which it is issued.

Area Cooperative Directors can issue CGS to cooperatives within their Extension Office areas.
Cooperatives at the inter-regional or national level, including specialized ones (insurance, banks, electric cooperatives), have CGS issued by the CDA Central Office through the Legal Division.
Certificates for importation purposes are exclusively issued by the Central Office following DOF-CDA Joint Circular No. 1-90.

Monthly issuance reports of CGS must be submitted to the Legal Division-Central Office by the 10th day of the following month.
Reports must follow the prescribed uniform format.

Include three-letter office abbreviation, certificate type abbreviation (CGS), and the certificate number.
Complete name and address of the cooperative as per the Articles of Cooperation (address amendments required if different).
Registration or confirmation number and date, including the CDA office of registration.
Net surplus amount net of statutory reserve from the Annual Report.
Total number of members per Annual Report.
Purpose of certificate as stated in the application.
Place and date of issuance.
Name and signature of the issuing Area Director.

Certifies cooperative's registration under Republic Act No. 6938 (the Cooperative Code).
Confirms good standing through submission of required documents and absence of pending administrative cases.
Details net surplus and membership numbers.
Specifies validity period and purpose.
Signed by the issuing Area Director.

Records date of issuance, CGS number, name and address of cooperative, purpose of issuance, cooperative type, and expiry date.
Includes a summary count and breakdown by cooperative type (credit, consumer, producer, marketing, service, multi-purpose, union, federation).

This Memorandum Circular takes effect immediately as of October 20, 1992.