How Soon Should The CDA Act On Your Application For Registration?

The CDA 30 days, after failing to act on applications for registration. If there is no action within 30 days, the application is considered approved, unless the application himself causes the delay.

What Should You Do if Application Is Denied?

If the application is denied, you may appeal to the Office of the President. If the Office of the President fails to act within 90 days from the filing of the appeal, the application is considered approved.

What Evidence Confirms The Approval Of Your Registration?

If your application has been approved, the CDA will give you a Certificate of Registration. The certificate confirms that your cooperative has been duly registered.

What Are The Powers And Capacities Of A Registered Cooperative?

Once your cooperative is registered under the Cooperative Code Of the Philippine (R.A. 6938) it will have the following powers and capabilities:

• To sue and be sued in its cooperative name;
• Of succession;
• To amend its Articles of Cooperative in accordance with the provisions of R.A. 6938;
• To adopt by-laws not contrary to law, morals or public policy, and to amend and repeal the same in accordance with R.A. 6938;
• To purchase, receive, take of grant, convey, sell, lease, pledge, mortgage, and otherwise deal with such real and personal property as the transaction of the lawful affairs of the cooperative may reasonably and necessarily require, subject to the limitations prescribed by law and the Constitution;
• To enter into division, merger or consolidated, as provided in R. A. 6938;
• To join federations federation or unions, as provided in R.A. 6938;
• To accept and receive grants, donations, and assistance from foreign and domestic sources; and
• To exercise such other powers granted by R.A. 6938 necessary to carry out its purpose as stated in its Article of Cooperation.

source: www.gov.ph, photo from msccp.ph