ARTICLE VIII

Saturday, January 5th, 2008

ARTICLE VIII
MISCELLANEOUS PROVISIONS

SECTION 46. COMPOSITION.

The Educational forum is open to all members and non-member cooperatives.

SECTION 47. ADVISORY AND CONSULTATIVE NATURE.

The Educational Forum shall be an advisory and consultative body to the Annual General Assembly. Any decision of the forum has to be adopted formally during the Annual General Assembly or Membership Council meeting before the same becomes binding to PFCCO.

SECTION 48. SLOGAN.

The Philippine Federation of Credit Cooperatives shall adopt a slogan, which shall serve as clarion call to credit cooperatives to make the service of the movement available to all… read more

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ARTICLE VII

Saturday, January 5th, 2008

ARTICLE VII
COMMITTEES

SECTION 40. ADMINISTRATIVE COMMITTEE.

The Administrative Committee shall be composed of the Chairperson, Vice Chairperson, Secretary, Treasurer, and the Manager. It shall meet monthly and oversee The implementation of policies and resolutions of the Membership Council.

SECTION 41. CREDIT COMMITTEE.

The Credit committee, composed of three (3) Members elected during the Annual General Assembly, shall perform the following functions:

  1. To process, evaluate, and act upon loan applications except when the applicant is a committee member, in which case, the application shall be acted upon by the Administrative Committee upon the recommendation of

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ARTICLE VI

Saturday, January 5th, 2008

ARTICLE VI
OFFICERS

SECTION 32. QUALIFICATIONS AND DIS-QUALIFICATION OF OFFICERS AND COMMITTEE MEMBERS.

  1. Qualification of Membership Council and Committee Members.
    1. Must be a natural born Filipino citizen, and an elected or authorized officer of a league in good standing.
    2. The League to which the officer or the committee member belongs must be a member in good standing for at least one (1) year prior to the elections.
  2. Disqualification of Officers and Committee Members
    1. He/she is removed for cause as officer of his/her League or Primary, or losses any of the

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ARTICLE V

Saturday, January 5th, 2008

ARTICLE V
MEMBERSHIP COUNCIL

SECTION 27. FUNCTION.

The general management of the affairs of the Federation shall be vested in the Membership Council.

There shall be a maximum of fifteen (15) members of the Council, thirteen (13) of whom shall represent each of the qualified Regional Leagues as defined by PFCCO; and two (2) elected-at-large, one to represent the Women and Youth sector, and the other to represent he Coop Managers sector.

The League Chairperson shall automatically be the League representative to the Membership Council. However, should the Chairperson waive such position, the League may designate another… read more

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ARTICLE IV

Saturday, January 5th, 2008

ARTICLE IV
GOVERNMENT

SECTION 19. ANNUAL GENERAL ASSEMBLY (AGA).

The supreme authority of the federation is vested on its annual General Assembly composed of regular Members in good standing. The AGA shall be held not later than the last week – end of April of each year at the time and place to be determined by the Membership Council.

SECTION 20. POWERS OF THE AGA.

Any matter of concern to the federation may be brought to the annual general assembly, including but not limited to:

  1. Election and ratification of elections of the members of the Membership

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ARTICLE III

Saturday, January 5th, 2008

ARTICLE III
FINANCES

SECTION 11. FUNDS.

The funds and income of the PFCCO shall be derived from the following

  1. Membership fees;
  2. Annual Dues;
  3. CETF Contributions;
  4. Share capital, investment, and deposits from members;
  5. Proceeds from business services;
  6. Issuance of papers of Indebtedness;
  7. Bonds and Debentures;
  8. Loans (Internal and External)
  9. Donations and special assessments; and
  10. Other sources not contrary to the law.

SECTION 12. MEMBERSHIP FEE.

Membership Fee shall be Five Thousand Pesos (P5,000.00) per Regional League or such amount as may be prescribed by the Membership Council, from time to time payable upon the filling of… read more

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