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  • MC2011-07-Organizational Structure of Coop Under RA9520

    Transféré par

    April Carla Starosa
    59 vues2 pages
    This memorandum outlines the organizational structure that cooperatives must follow under the Cooperative Code of the Philippines (RA 9520). It states that the direction and management of cooperatives is vested in a board of directors elected by the general assembly. It also provides that cooperatives must create audit, election, mediation/conciliation, and ethics committees, with the audit and election committees elected by the general assembly and other committees appointed by the board of directors. The memorandum includes an organizational chart showing the relationships between these groups.

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    organizational structure for cooperatives RA952O

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    This memorandum outlines the organizational structure that cooperatives must follow under the Cooperative Code of the Philippines (RA 9520). It states that the direction and management of cooperatives is vested in a board of directors elected by the general assembly. It also provides that cooperatives must create audit, election, mediation/conciliation, and ethics committees, with the audit and election committees elected by the general assembly and other committees appointed by the board of directors. The memorandum includes an organizational chart showing the relationships between these groups.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    59 vues2 pages

    MC2011-07-Organizational Structure of Coop Under RA9520

    Transféré par

    April Carla Starosa
    This memorandum outlines the organizational structure that cooperatives must follow under the Cooperative Code of the Philippines (RA 9520). It states that the direction and management of cooperatives is vested in a board of directors elected by the general assembly. It also provides that cooperatives must create audit, election, mediation/conciliation, and ethics committees, with the audit and election committees elected by the general assembly and other committees appointed by the board of directors. The memorandum includes an organizational chart showing the relationships between these groups.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 2

    MEMORANDUMCIRCULARNO.

    201107 Seriesof2011 FOR :ALLCONCERNED SUBJECT :ORGANIZATIONALSTRUCTUREOFCOOPERATIVEUNDERRA9520 DATE :FEBRUARY22,2011 Article 37 of RA 9520 provides, Unless otherwise provided in the bylaws, the direction and management of the affairs of a cooperative shall be vested in a board which shall be composed of xxx electedbythegeneralassemblyxxx. Likewise Article 43 (2) provides, The bylaws shall provide for the creation of an audit, election, mediation and conciliation, ethics, and such other committees as may be necessary for the conduct of the affairs of the cooperative. The members of both the audit and election committees shall be elected bythegeneralassemblyandtherestshallbeappointedbytheboard. Based on the above provisions, the organizational structure of a primary cooperative under RA 9520shallbeasshownbelow:
    AUDIT COMMITTEE MED CONCOMM.

    GENERALASSEMBLY

    BOARDOFDIRECTORS SECRETARY

    ELECTIONCOMMITTEE

    TREASURER

    ETHICSCOMM.

    OTHERCOMM.

    OTHERCOMM.

    MANAGEMENTSTAFF

    Forinformationandguidance. APPROVEDonFebruary2011perBOAResolutionNo.32S2011. ForTheBoardofAdministrators By: (Signed) EMMANUELM.SANTIAGUEL,Ph.D Chairman

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