Scope of Guidelines
- Applies to all cooperatives registered anew under RA 9520
- Covers registration of amendments to Articles of Cooperation and Bylaws
Definition of Key Terms
- Authority: Cooperative Development Authority (CDA)
- Registration of Amendment: Official act validating modifications to Articles and Bylaws
- Amendment: Legitimate changes to Articles or Bylaws as per RA 9520
- Certificate of Registration of Amendment: Official document confirming registration
- Code: Refers to RA 9520 (Philippine Cooperative Code of 2008)
Amendment Process
- Amendments may be adopted in regular or special general assemblies
- Can be made by amending specific provisions
Requirements for Registration
- Three (3) copies of General Assembly Resolution with at least two-thirds (2/3) approval
- Three (3) copies of amended Articles and/or Bylaws
- Notarized Board of Directors and Secretary Certificate
- Treasurer’s Affidavit for capital changes
- Letter or Certificate of Authority if applicable
- Payment of registration fee per CDA schedule
General Assembly Resolution
- Certified under oath by secretary and majority of the board
- Confirms approval by required member vote
Amended Articles and Bylaws Submission
- Must indicate changes clearly (underscoring, brackets, or parentheses)
Payment of Registration Fee
- Paid after approval of amendments by the Authority
Evaluation Procedure
- Authority evaluates completeness and conformity with laws
- May hold clarificatory conference with cooperative
Submission Venue
- Application filed at CDA Central or local Extension Office with jurisdiction
Prohibited Amendments
- Original incorporators’ or directors’ names
- Capitalization except for legitimate increase or decrease
- Transformation from single-purpose to multi-purpose without IRR compliance
Validity of Amendments
- Effective upon issuance of Certificate of Registration of Amendment by the Authority
Rights of Dissenting Members
- Right to withdraw membership under Articles 30 and 31 of RA 9520
Filing Period
- Mandatory filing starts immediately and ends June 15, 2011
Sanctions for Non-Compliance
- Non-compliance subject to cooperative dissolution per Article 67 of RA 9520
Repealing Clause
- Supersedes inconsistent provisions of MC 2009-02 Section 9 regarding filing period
Effectivity
- Guidelines effective 15 days after Board approval and ONAR submission