Common Capital Share
₱8,000.00
The main source of funds of the Coop comes from regular members’ share capital contributions. As mandated by RA 9520 or the Philippine Cooperative Code of 2008, no member shall own or hold more than ten (10) percent of the total share capital of the Cooperative.
Capital Share: The common share capital subscription per regular member shall be Eighty (80) shares with a total value of Eight Thousand Pesos (P8,000.00) that can be paid in four equal installments of Two Thousand (2,000) pesos as Initial Share Capital.
One share has a par value of Php 100.00.
- Every regular member is required to subscribe to at least Eighty (80) shares with a total value of Php 8,000.00 in order to become a bona-fide regular member.
- At any time, members have the right to request for a print out of their paid-up share capital ledger or request for a certification of share capital balance.
