(NAR) VOL. 15 NOS. 1-2 / APRIL - JUNE 2004
RESOLUTION NO. 03, S-2004
"RESOLVED, as it is hereby RESOLVED, to formally approve the adoption of the Express Lane Registration of Cooperatives with the CDA.
UNANIMOUSLY APPROVED."
RESOLUTION NO. 41, S-2004
"RESOLVED, as it is hereby RESOLVED, to approve the following items in connection with the creation of the Express Lane Registration of Cooperatives:1. The Express Lane Registration Citizens' Guide;
2. Instructions - Express Lane Registration (For CDA Processor/Examiner Guide);
3. Express Lane Registration Forms (Sample Copy)3.1 Name Verification Slip
3.2 Articles of Cooperation
3.3 By-laws
3.4 Treasurer's Affidavit
3.5 Undertaking to Change Cooperative Name
3.6 Undertaking to Submit Reportorial Requirements
3.7 Notes to Articles of Cooperation
3.8 Economic Survey
4. Pre-Membership Education Seminar Certificate (from duly accredited institutions or CDA Regional/Provincial Offices)
UNANIMOUSLY APPROVED."
SECTION 1. Scope and Coverage - These guidelines for the efficient and effective manner of registration shall apply only to the registration of primary cooperatives whose members opt to use the Express Lane Registration. Only selected primary cooperatives, such as credit, consumers, production, marketing, service and multi-purpose, shall undergo such registration. Other cooperatives shall undergo the regular registration of cooperatives.
SECTION 2. Documents Required. - Applicant cooperatives shall submit the following documents to the CDA Extension Office having jurisdiction over the official address of the cooperative for evaluation and review:
- One (1) copy of the Name Verification Slip;
- Four (4) copies of each of the following Express Lane Registration Forms (pro-forma):
Form 1 - Articles of Cooperation;
Form 2 - By-laws;
Form 3 - Treasurer's Affidavit;
Form 4 - Undertaking to Change Name;
Form 5 - Undertaking to Submit Reportorial Requirements;
Form 6 - Notes to the Articles of Cooperation; and
Form 7 - Economic Survey
1. Name Verification/Reservation Fee Thirty Pesos (PhP 30.00) per allowed name with a validity of thirty (30) days. 2. Registration Fee One-tenth (1/10) of one percent (1%) of the authorized share capital but not lower than One Thousand Pesos (PhP1, 000.00)