SlideShare une entreprise Scribd logo
1  sur  13
PRE-MEMBERSHIP
EDUCATION SEMINAR
Santiago City
February 11, 2022
RONAN SEBASTIAN TUZON, JR.
MAAT, CAT, RCA, MICB, MRITax, DIT
COOP ORGANIZATIONAL
STRUCTURE
ORGANIZATIONAL STRUCTURE
Prepares for
and facilitates
the conduct of
election
Conducts the financial,
management audit
Composed of members entitled to vote -
Supreme body where all authorities
emanate from
Plans and
implements
education and
training
programs
Manages the
day-to-day
operations
Sets the strategic direction
and formulates policies
Management Staff
Performs specific
tasks/ functions
related to the day-
to-day operations
Fund and Asset
Custodian
Records and documents
/safeguard coop documents
General Assembly
Audit
Committee
Con Med
Committee
Secretary
Treasurer
Election
Committee
General
Manager
Board of
Directors
Ethics
Committee
Education &
Training Com
Others:
Credit Com
Shall facilitate the
amicable settlement
of Intra-cooperative
disputes and disputes
among members,
officers,
directors,and
committee
memberrs
Develop ethical
standards and
code of
conduct.
Investigates
violations &
complaints
THE MANAGEMENT
STRUCTURE OF
COOPERATIVES
MANAGEMENT STRUCTURE IS COMPOSED OF:
a) The Members;
b) The Board of Directors; and
c) The Hired Management.
“Expressed in the form of analogy, the management of a
cooperative may be likened to a three-legged stool, with the
members, the BOD, and the hired management representing
each of the three legs. The stool is precisely designed to stand on
three legs and will topple down in case any of these is removed.
Such is also the case with coop management. Its usefulness and
stability are contingent on the full support of all the three
components.”
RESPONSIBILITY/ROLE OF EACH COMPONENT
 The Members – provide the basic foundations of
the effective management of the cooperative and to
be ever alert and vigilant on problems and
weaknesses in the servicing of their needs.
 The Board of Directors – direct and manage the
cooperative affairs for and in behalf of the
members.
 The Hired Management – actually manage the
cooperative in accordance with the authority
delegated to it by the board of directors.
MEMBERSHIP
 Who may be members of cooperatives?
“Any natural person who is a citizen of the
Philippines, a cooperative, or non-profit
organization with juridical personality shall be
eligible for membership in a cooperative if the
applicant meets the qualifications prescribed in the
by-laws; provided, that only natural persons may be
admitted as members of a primary cooperative.”
KINDS OF MEMBERSHIP
 Regular member – is one who is entitled to all the
rights and privileges of members. He is a full-
pledged member and as such is entitled to vote and
be voted upon, participate in decision making;
participate in social and economic benefits accruing
from the cooperative, etc.
 Associate member – is one who has no right to vote
nor be voted upon and shall be entitled only to such
rights and privileges as the by-laws may provide.
RIGHTS OF MEMBERSHIP
1) To attend, participate in the deliberations of, and
vote on any issue presented before the general
assembly meeting whether annual or special;
2) To vote on the adoption or amendment of the
articles of cooperation and by-laws of the
cooperative;
3) To vote on the development plans of the
cooperative;
RIGHTS OF MEMBERSHIP…(CON’T.)
4) To vote in the election of elective directors, officers,
committee members and be voted to such positions
except elective government officials who cannot be
elected as directors and officers;
5) To call for a special general assembly meeting. A
special general assembly may be called by the
BOD upon request of at least ten (10%) percent of
the total members who are entitled to vote;
6) To name a beneficiary of his rights and interest in
the cooperative in case he dies, subject to the laws
on succession;
RIGHTS OF MEMBERSHIP . . .(CON’T.)
7) To have a share in the distribution of net surplus;
8) To enter into contracts with the cooperative such as
marketing, supply, loan, service, etc.;
9) To assign his shares or interest;
10) To resign or withdraw from membership;
11) To be entitled to due process in case of expulsion;
12) To remove elective officers, directors and committee
members;
13) To pass upon and approve the financial statements and
Management Reports of the Board of Directors and
Committees;
RIGHTS OF MEMBERSHIP . . . (CON’T.)
14) To vote on proposed division, merger,
consolidation, declaration of insolvency or
liquidation of the cooperative;
15) To examine the books and records of the
cooperative.
pmes-org structure.pptx

Contenu connexe

Similaire à pmes-org structure.pptx

Sorrento Centre Governance Policies
Sorrento Centre Governance PoliciesSorrento Centre Governance Policies
Sorrento Centre Governance PoliciesSorrento Centre
 
Recommendations of the Governance Committee
Recommendations of the Governance CommitteeRecommendations of the Governance Committee
Recommendations of the Governance CommitteeSEIU Local 503
 
Governance and Management for Co ops
Governance and Management for Co opsGovernance and Management for Co ops
Governance and Management for Co opsjo bitonio
 
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACY
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACYCOOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACY
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACYbustamantemark908
 
ToTCOOP+i O3 o4 unit-1_final_version_en
ToTCOOP+i O3 o4 unit-1_final_version_enToTCOOP+i O3 o4 unit-1_final_version_en
ToTCOOP+i O3 o4 unit-1_final_version_enToTCOOPiTech
 
GM_Corporate Governance_Directors and Corporate Governance Committee
GM_Corporate Governance_Directors and Corporate Governance CommitteeGM_Corporate Governance_Directors and Corporate Governance Committee
GM_Corporate Governance_Directors and Corporate Governance CommitteeManya Mohan
 
Important Things I Proposed to Include in a Japan CG Code
Important Things I Proposed to Include in a Japan CG CodeImportant Things I Proposed to Include in a Japan CG Code
Important Things I Proposed to Include in a Japan CG CodeNicholas Benes
 
Co-operatives UK Multi-stakeholder Co-operative Model .docx
Co-operatives UK Multi-stakeholder Co-operative Model   .docxCo-operatives UK Multi-stakeholder Co-operative Model   .docx
Co-operatives UK Multi-stakeholder Co-operative Model .docxmccormicknadine86
 
O L A S Alumni Cons &Amp; By Laws (Revised Draft)
O L A S  Alumni  Cons &Amp;  By  Laws (Revised Draft)O L A S  Alumni  Cons &Amp;  By  Laws (Revised Draft)
O L A S Alumni Cons &Amp; By Laws (Revised Draft)chitoA
 
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-952046796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520Suruhanjaya Koperasi Malaysia (SKM)
 

Similaire à pmes-org structure.pptx (20)

By laws
By lawsBy laws
By laws
 
Sorrento Centre Governance Policies
Sorrento Centre Governance PoliciesSorrento Centre Governance Policies
Sorrento Centre Governance Policies
 
Internal Matters DEA
Internal Matters DEAInternal Matters DEA
Internal Matters DEA
 
2coop
2coop2coop
2coop
 
Recommendations of the Governance Committee
Recommendations of the Governance CommitteeRecommendations of the Governance Committee
Recommendations of the Governance Committee
 
IPEMPC Coop Premembership Seminar
IPEMPC Coop Premembership SeminarIPEMPC Coop Premembership Seminar
IPEMPC Coop Premembership Seminar
 
Governance and Management for Co ops
Governance and Management for Co opsGovernance and Management for Co ops
Governance and Management for Co ops
 
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACY
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACYCOOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACY
COOPERATIVE OF THE PHILIPPINES: THE COOPERATIVE DEMOCRACY
 
Dec profile
Dec profileDec profile
Dec profile
 
CooperativesDirectorsHandbook
CooperativesDirectorsHandbookCooperativesDirectorsHandbook
CooperativesDirectorsHandbook
 
ToTCOOP+i O3 o4 unit-1_final_version_en
ToTCOOP+i O3 o4 unit-1_final_version_enToTCOOP+i O3 o4 unit-1_final_version_en
ToTCOOP+i O3 o4 unit-1_final_version_en
 
Bharat
BharatBharat
Bharat
 
GM_Corporate Governance_Directors and Corporate Governance Committee
GM_Corporate Governance_Directors and Corporate Governance CommitteeGM_Corporate Governance_Directors and Corporate Governance Committee
GM_Corporate Governance_Directors and Corporate Governance Committee
 
Important Things I Proposed to Include in a Japan CG Code
Important Things I Proposed to Include in a Japan CG CodeImportant Things I Proposed to Include in a Japan CG Code
Important Things I Proposed to Include in a Japan CG Code
 
Co-operatives UK Multi-stakeholder Co-operative Model .docx
Co-operatives UK Multi-stakeholder Co-operative Model   .docxCo-operatives UK Multi-stakeholder Co-operative Model   .docx
Co-operatives UK Multi-stakeholder Co-operative Model .docx
 
CONSTITUTION
CONSTITUTIONCONSTITUTION
CONSTITUTION
 
O L A S Alumni Cons &Amp; By Laws (Revised Draft)
O L A S  Alumni  Cons &Amp;  By  Laws (Revised Draft)O L A S  Alumni  Cons &Amp;  By  Laws (Revised Draft)
O L A S Alumni Cons &Amp; By Laws (Revised Draft)
 
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-952046796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520
46796292 the-philippine-cooperative-code-of-2008-republic-act-no-9520
 
Basiceducationseminar 120813214606-phpapp02=meeeee
Basiceducationseminar 120813214606-phpapp02=meeeeeBasiceducationseminar 120813214606-phpapp02=meeeee
Basiceducationseminar 120813214606-phpapp02=meeeee
 
Amended by laws 2010
Amended by laws 2010Amended by laws 2010
Amended by laws 2010
 

Dernier

How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future worldChris Skinner
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesHaseebBashir5
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfmstarkes24
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsCaitlinCummins3
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIIRODORI inc.
 
Your Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptxYour Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptxOs Hillman
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?Alejandro Cremades
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsStefan Wolpers
 
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Aurelien Domont, MBA
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...BabaJohn3
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfMont Surfaces
 
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In HarareTop^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Hararedoctorjoe1984
 
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTAR
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTARPEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTAR
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTARdoktercalysta
 
The Risks of Ignoring Bookkeeping in Your Business
The Risks of Ignoring Bookkeeping in Your BusinessThe Risks of Ignoring Bookkeeping in Your Business
The Risks of Ignoring Bookkeeping in Your BusinessYourLegal Accounting
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseirhcs
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowMiriam Robeson
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfomnme1
 
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...Spesiialis Kandungan BPOM
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Alejandro Cremades
 

Dernier (20)

How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 
Your Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptxYour Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptx
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdf
 
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In HarareTop^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
 
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTAR
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTARPEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTAR
PEMATANG SIANTAR 0851/8063/4797 JUAL OBAT ABORSI CYTOTEC PEMATANG SIANTAR
 
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
 
The Risks of Ignoring Bookkeeping in Your Business
The Risks of Ignoring Bookkeeping in Your BusinessThe Risks of Ignoring Bookkeeping in Your Business
The Risks of Ignoring Bookkeeping in Your Business
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
 
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 

pmes-org structure.pptx

  • 1. PRE-MEMBERSHIP EDUCATION SEMINAR Santiago City February 11, 2022 RONAN SEBASTIAN TUZON, JR. MAAT, CAT, RCA, MICB, MRITax, DIT
  • 3. ORGANIZATIONAL STRUCTURE Prepares for and facilitates the conduct of election Conducts the financial, management audit Composed of members entitled to vote - Supreme body where all authorities emanate from Plans and implements education and training programs Manages the day-to-day operations Sets the strategic direction and formulates policies Management Staff Performs specific tasks/ functions related to the day- to-day operations Fund and Asset Custodian Records and documents /safeguard coop documents General Assembly Audit Committee Con Med Committee Secretary Treasurer Election Committee General Manager Board of Directors Ethics Committee Education & Training Com Others: Credit Com Shall facilitate the amicable settlement of Intra-cooperative disputes and disputes among members, officers, directors,and committee memberrs Develop ethical standards and code of conduct. Investigates violations & complaints
  • 5. MANAGEMENT STRUCTURE IS COMPOSED OF: a) The Members; b) The Board of Directors; and c) The Hired Management. “Expressed in the form of analogy, the management of a cooperative may be likened to a three-legged stool, with the members, the BOD, and the hired management representing each of the three legs. The stool is precisely designed to stand on three legs and will topple down in case any of these is removed. Such is also the case with coop management. Its usefulness and stability are contingent on the full support of all the three components.”
  • 6. RESPONSIBILITY/ROLE OF EACH COMPONENT  The Members – provide the basic foundations of the effective management of the cooperative and to be ever alert and vigilant on problems and weaknesses in the servicing of their needs.  The Board of Directors – direct and manage the cooperative affairs for and in behalf of the members.  The Hired Management – actually manage the cooperative in accordance with the authority delegated to it by the board of directors.
  • 7. MEMBERSHIP  Who may be members of cooperatives? “Any natural person who is a citizen of the Philippines, a cooperative, or non-profit organization with juridical personality shall be eligible for membership in a cooperative if the applicant meets the qualifications prescribed in the by-laws; provided, that only natural persons may be admitted as members of a primary cooperative.”
  • 8. KINDS OF MEMBERSHIP  Regular member – is one who is entitled to all the rights and privileges of members. He is a full- pledged member and as such is entitled to vote and be voted upon, participate in decision making; participate in social and economic benefits accruing from the cooperative, etc.  Associate member – is one who has no right to vote nor be voted upon and shall be entitled only to such rights and privileges as the by-laws may provide.
  • 9. RIGHTS OF MEMBERSHIP 1) To attend, participate in the deliberations of, and vote on any issue presented before the general assembly meeting whether annual or special; 2) To vote on the adoption or amendment of the articles of cooperation and by-laws of the cooperative; 3) To vote on the development plans of the cooperative;
  • 10. RIGHTS OF MEMBERSHIP…(CON’T.) 4) To vote in the election of elective directors, officers, committee members and be voted to such positions except elective government officials who cannot be elected as directors and officers; 5) To call for a special general assembly meeting. A special general assembly may be called by the BOD upon request of at least ten (10%) percent of the total members who are entitled to vote; 6) To name a beneficiary of his rights and interest in the cooperative in case he dies, subject to the laws on succession;
  • 11. RIGHTS OF MEMBERSHIP . . .(CON’T.) 7) To have a share in the distribution of net surplus; 8) To enter into contracts with the cooperative such as marketing, supply, loan, service, etc.; 9) To assign his shares or interest; 10) To resign or withdraw from membership; 11) To be entitled to due process in case of expulsion; 12) To remove elective officers, directors and committee members; 13) To pass upon and approve the financial statements and Management Reports of the Board of Directors and Committees;
  • 12. RIGHTS OF MEMBERSHIP . . . (CON’T.) 14) To vote on proposed division, merger, consolidation, declaration of insolvency or liquidation of the cooperative; 15) To examine the books and records of the cooperative.