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Questions and Answers
What is the main difference between a regular member and an associate member of a cooperative?
What is the main difference between a regular member and an associate member of a cooperative?
Under what circumstances can an associate member be considered a regular member of a cooperative?
Under what circumstances can an associate member be considered a regular member of a cooperative?
What is the disqualification for government officers and employees regarding positions in a cooperative?
What is the disqualification for government officers and employees regarding positions in a cooperative?
What rights and privileges do associate members have in a cooperative?
What rights and privileges do associate members have in a cooperative?
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In case membership is refused or denied by the board of directors, to whom can an appeal be made?
In case membership is refused or denied by the board of directors, to whom can an appeal be made?
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Who is eligible to use official time for attendance at cooperative activities in the discharge of their duties?
Who is eligible to use official time for attendance at cooperative activities in the discharge of their duties?
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What is the consequence if the appeal committee fails to decide within the prescribed period on a membership application?
What is the consequence if the appeal committee fails to decide within the prescribed period on a membership application?
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What are the valid grounds for termination of membership in case of a member's death or insanity?
What are the valid grounds for termination of membership in case of a member's death or insanity?
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Who has the authority to terminate membership in a cooperative for specific causes?
Who has the authority to terminate membership in a cooperative for specific causes?
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What is the eligibility requirement for an applicant to become a member after approval by the board of directors?
What is the eligibility requirement for an applicant to become a member after approval by the board of directors?
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What happens if the value of cooperative assets would be less than its debts after refunding a withdrawing member's share capital contribution?
What happens if the value of cooperative assets would be less than its debts after refunding a withdrawing member's share capital contribution?
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"Who decides appeals on membership application within thirty (30) days upon receipt?"
"Who decides appeals on membership application within thirty (30) days upon receipt?"
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Study Notes
Cooperative Membership
- Regular members and associate members differ, with associate members having limited rights and privileges.
- An associate member can become a regular member when they fulfill the requirements for regular membership, which may include paying the full membership fee and meeting other specified conditions.
Membership Termination
- Government officers and employees are disqualified from holding certain positions in a cooperative.
- Membership can be terminated due to a member's death or insanity, with valid grounds including non-payment of dues, breach of contract, or engaging in activities detrimental to the cooperative.
Membership Application and Appeals
- If the board of directors refuses or denies membership, an appeal can be made to the appeal committee.
- The appeal committee must decide on a membership application within a prescribed period; if they fail to do so, the application will be deemed approved.
- The appeal committee decides appeals on membership applications within thirty (30) days upon receipt.
Membership Eligibility and Termination
- To become a member, an applicant must meet the eligibility requirements, which are approved by the board of directors.
- The authority to terminate membership for specific causes lies with the cooperative's governing body.
- If a member withdraws, and the value of cooperative assets is less than its debts after refunding the member's share capital contribution, the cooperative bears the resulting deficit.
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Description
This quiz covers the different types of membership in a cooperative, including regular members and associate members. It discusses the criteria for each type and the corresponding rights and privileges.
