The General Assembly

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The General Assembly is composed of all the members entitled to vote, duly assembled and constituting a quorum and is the highest policy-making body of the Cooperative.

Section 2. Powers of the General Assembly. Subject to the pertinent provisions
of the Cooperative Code and the rules issued thereunder, the General Assembly shall have the following exclusive powers which cannot be delegated:

  1. To determine and approve amendments to the cooperative Articles of Cooperation and By-laws;
  2. To elect or appoint the members of the board of directors, and to remove them for cause;
  3. To approve developmental plans of the Cooperative;

Section 3. Meetings. Meetings of the General Assembly, may be regular or special. All proceedings and business(es) undertaken at any meeting of the General Assembly, if within the powers or authority of the Cooperative, there being a quorum, shall be valid.

Regular and associate members are required to attend the meetings for the purpose of exercising all the rights and performing all the obligations pertaining to them, as provided by the Code, Articles of Cooperation and ByLaws.

Section 4. Regular General Assembly Meeting. The General Assembly shall hold
its annual regular meeting every 90 days from the beginning of calendar year. at the principal office of the Cooperative or at any place as may be determined by the Board.

Section 5. Special General Assembly Meeting. The Board of Directors may, by a majority vote of all its members, call a Special General Assembly meeting
at any time to consider urgent matters requiring immediate membership decision. The Board of Directors must likewise call a Special General Assembly meeting within one (1) month from receipt of a written request from:

  1. at least ten percent (10%) of the total number of members entitled to vote,
  2. the Audit Committee; or
  3. the Federation or Union to which the Cooperative is a member; or
  4. upon Order of the Cooperative Development Authority;

Section 6. Notice of Meeting. All notices of meetings shall be in writing and shall include the date, time, place, and agenda thereof stated therein.

  1. Regular General Assembly Meeting. Notice of the annual Regular General Assembly meeting shall be served by the Secretary, personally or his/her duly authorized representative, by registered mail, or by electronic means to all members of record at his/her last known postal address, or by posting or publication, or through other electronic means, at least one (1) week before the said meeting. It shall be accompanied with an agenda, minutes of meeting of the last General Assembly meeting, consolidated reports of the Board of Directors and Committees, audited financial statements, and other papers which may assist the members to intelligently participate inthe proceedings.
  2. Special General Assembly Meeting. Notice of any Special GeneralAssembly meeting shall be served by the Secretary personally or his/her duly authorized representative, by registered mail, or by electronic means upon each members who are entitled to vote at his/her last known postal address, or by posting or publication, or through other electronic means, at least one (1) week before the said meeting. It shall state the purpose and, except for related issues, no other business shall be considered during the meeting.
    • Waiver of Notice. Notice of any meeting may be waived, expressly or impliedly, by the member concerned.

Section 7. Order of Business. As far as practicable, the order of business of a regular general assembly meeting shall be:

  1. Call to order;
  2. Proof of due notice;
  3. Roll Call;
  4. Reading, consideration and approval of the minutes of the previousmeeting;
  5. Presentation and approval of the reports of the board of directors,officers, and the committees, including audited financial statements
    of the Cooperative Annual Progress Report and all other required reports;
  6. Unfinished business;
  7. New business;i. Election of directors and committee members
    ii. Approval of Development and/or annual Plan and Budget;iii. Hiring of External Auditor
    iv. Other related business matters
  8. Announcements; and
  9. Adjournment

Section 8. Quorum for General Assembly Meeting. During regular or special general assembly meeting, at least twenty-five percent (25%) of the total number of members entitled to vote shall constitute a quorum.