Rights and Privileges
Every regular member who is entitled to vote has the following rights and privileges:
a. Participate in the deliberations during membership meetings;
b. Vote on matters brought before such meetings;
c. Seek any elective position, subject to the provisions of Section 12 Article III of the cooperative’s Constitution and By-laws;
d. Avail himself/herself of the services of the cooperative without any discrimination whatsoever upon compliance with the conditions and requirements thereof; and
e. Inspect and examine the books of accounts, the minute books, the share register and other records of the cooperative during office hours and to exercise other rights and privileges of membership.
A member shall have the right to examine the records required to be kept by the cooperative under Article 52 of the Philippine Cooperative Code (RA 9520) during reasonable hours on business days and he/she may demand, in writing, for a copy of excerpts from said records without charge except the cost of production.
Any officer of the cooperative who shall refuse to allow any member of the cooperative entitled to vote to examine and copy excerpts from its records shall be liable to such member for damages and shall be guilty of an offense which shall be punishable under Article 140 of the Philippine Cooperative Code (RA 9520). Provided, that if such refusal is pursuant to a resolution or order of the Board of Directors, the liability under this article shall be imposed upon the Directors who voted for such refusal. Provided, further, that it shall be a defense to any action under such article that the member demanding to examine and copy excerpts from the cooperative records has improperly used any information secured through any prior examination of the records of the cooperative or was not acting in good faith or for a legitimate purpose in making his demand.
Note: All the rights and privileges for regular members shall be exercised by the associate member, except to vote and be voted upon. An applicant for membership shall be deemed a member after approval of his/her membership by the Board of Directors and shall exercise the rights of member after having made such payments to the cooperative in respect to membership or acquired interest in the cooperative as may be prescribed in the By-laws. In case membership is refused or denied by the Board of Directors, an appeal may be made to the General Assembly and the latter’s decision shall be final. For this purpose, the General Assembly may opt to create an Appeal and Grievance Committee, the members of which shall serve for a period of one (1) year and shall decide appeals on membership application within thirty (30) days upon receipt thereof. If the committee fails to decide within the prescribed period, the appeal is deemed approved in favor of the applicant.