Cooperative General Assembly Composition and Powers
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Questions and Answers

What is the primary function of the general assembly mentioned in the text?

  • To appoint the members of the board of directors
  • To approve amendments to the articles of cooperation and bylaws
  • To exercise powers stated in the Code, articles of cooperation, and bylaws (correct)
  • To approve developmental plans of the cooperative
  • Which body is considered the highest policy-making body of the cooperative?

  • Bylaws
  • General Assembly (correct)
  • Board of Directors
  • Articles of Cooperation
  • According to the text, what is a power exclusively held by the general assembly?

  • Removing members of the board for cause
  • Determining and approving amendments to the articles of cooperation and bylaws (correct)
  • Electing or appointing members of the board of directors
  • Approving developmental plans of the cooperative
  • In what circumstances can the election of board members be held differently for electric cooperatives?

    <p>In accordance with the cooperative's bylaws</p> Signup and view all the answers

    What type of powers does the general assembly have according to the text?

    <p>Exclusive powers</p> Signup and view all the answers

    What is the minimum requirement for members to be part of the general assembly?

    <p>Having voting entitlement under the articles of cooperation and bylaws</p> Signup and view all the answers

    What percentage of members with voting rights is required to delegate some powers to a smaller body of the cooperative?

    <p>Three-fourths (3/4)</p> Signup and view all the answers

    How often is a regular meeting held by the general assembly?

    <p>Annually</p> Signup and view all the answers

    What percentage of total members entitled to vote is required to constitute a quorum in electric cooperatives?

    <p>Five per centum (5%)</p> Signup and view all the answers

    Under what condition can the Authority issue an order to call a meeting of the general assembly?

    <p>Failure to call a regular or special meeting within the given period and upon good cause shown</p> Signup and view all the answers

    What is the voting system for each member of a primary cooperative?

    <p>One vote per member</p> Signup and view all the answers

    How many incentive votes can members of secondary or tertiary cooperatives have as provided for in the bylaws?

    <p>Five (5) incentive votes</p> Signup and view all the answers

    In what case can a special general assembly be called for a newly approved cooperative?

    <p>Within ninety (90) days from approval</p> Signup and view all the answers

    What is the minimum percentage of all members entitled to vote required for a quorum?

    <p>5%</p> Signup and view all the answers

    How often should notice of regular meetings be sent to all members?

    <p>1 week prior to the meeting</p> Signup and view all the answers

    Study Notes

    General Assembly

    • The primary function of the general assembly is to serve as the highest policy-making body of the cooperative.

    Powers of the General Assembly

    • The general assembly has the power to delegate some of its powers to a smaller body of the cooperative if at least 20% of members with voting rights agree.

    Election of Board Members

    • The election of board members can be held differently for electric cooperatives under special circumstances.

    Membership Requirements

    • The minimum requirement for members to be part of the general assembly is not specified.

    Voting System

    • Each member of a primary cooperative has one vote.
    • Members of secondary or tertiary cooperatives can have up to five incentive votes as provided for in the bylaws.

    Meeting Requirements

    • Regular meetings of the general assembly are held at least once a year.
    • A quorum is constituted when at least 20% of total members entitled to vote are present.
    • Notice of regular meetings must be sent to all members at least 30 days prior to the meeting.

    Special General Assembly

    • A special general assembly can be called for a newly approved cooperative under certain circumstances.

    Authority Intervention

    • The Authority can issue an order to call a meeting of the general assembly under certain conditions.

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    Description

    Test your knowledge on the composition and powers of the general assembly in a cooperative based on the articles of cooperation and bylaws. Understand the role of the general assembly as the highest policy-making body.

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