Chapter 4: Administration Flashcards
“ART. 32. Composition of the General Assembly. The general assembly shall be composed of such members who are entitled to vote under the articles of cooperation and bylaws of the cooperative. T/F
T
“ART. 32. Powers of the General Assembly. The general assembly shall be composed of such members who are entitled to vote under the articles of cooperation and bylaws of the cooperative. T/F
T
“ART. 33. The _______ shall be the highest policy-making body of the cooperative and shall exercise such powers as are stated in this Code, in the articles of cooperation and in the bylaws of the cooperative.
General assemby
“ART. 33. The general assembly shall have the following exclusive powers which cannot be delegate:
“(1) To determine and approve amendments to the articles of cooperation and bylaws;
“(2) To elect or appoint the members of the board of directors, and to remove them for cause. However, in the case of the electric cooperatives registered under this Code, election of the members of the board shall be held in accordance with its bylaws or election guideline of such electric cooperative; and
“(3) To approve developmental plans of the cooperative.
“Subject to such other provisions of this Code and only for purposes of prompt and intelligent decision-making, the general assembly may be a _________ vote of all its members with voting rights, present and constituting a quorum, delegate some of its powers to a smaller body of the cooperative. These powers shall be enumerated under the bylaws of the cooperative.
three-fourths (3/4)
“ART. 34. Meetings.
(1) A ________shall be held annually by the general assembly on a date fixed in the bylaws, or if not so fixed, on any dated within ninety (90) days after the close of each fiscal year: Provided, That notice of regular meetings shall be sent in writing, by posting or publication, or through other electronic means to all members of record.
regular meeting
Art. 34
“(2) Whenever necessary, a ________ of the general assembly may be called at any time by a majority vote of the board of directors or as provided for in the bylaws: Provided, That a notice in writing shall be sent one (1) week prior to the meeting to all members who are entitled to vote.
special meeting
However, a special meeting shall be called by the________after compliance with the required notice within from at least ten per centum (10%) of the total members who re entitled to vote to transact specific business covered by the call.
board of directors
“If the board fails to call a regular or a special meeting within the given period, the Authority, upon petition of ________ of all the members of the cooperative who are entitled to vote, and for good cause shown, shall issue an order to the petitioners directing them to call a meeting of the general assembly by giving proper notice as required in this Code or in the bylaws;
ten per centum (10%)
Art. 34
“(3) In the case of a newly approved cooperative, a special general assembly shall be called, as far as practicable, within _________ days from such approval;
ninety (90)
Art. 34
“(4) The ______ may call a special meeting of the cooperative for the purpose of reporting to the members the result of any examination or other investigation of the cooperative affairs; and
Authority
Art. 34
“(5) Notice of any meeting may be waived, expressly or impliedly, by ________.
any member
“ART. 35. Quorum. A quorum shall consist of at least _________of all the members entitled to vote. In the case of cooperative banks, the quorum shall be as provided in Article 99 of this Code.
twenty-five per centum (25%)
Art. 35
In the case of electric cooperatives registered under this Code, a quorum, unless otherwise provided in the bylaws, shall consist of _________ of all the members entitled to vote.
five per centum (5%)
T/F
“ART. 36. Voting System.
- Each member of a primary cooperative shall have only one (1) vote.
- In the case of members of secondary or tertiary cooperatives, they shall have one (1) basic vote and as many incentive votes as provided for in the bylaws but not exceed three (3) votes.
- The votes cast by the delegates shall be deemed as votes cast by the members thereof.
- T
2.F/ five (5) votes - T
Art. 36
“However, the bylaws of a cooperative other than a primary may provide for voting by _____.
proxy
means allowing a delegate of a cooperative to represent or vote in behalf of another delegate of the same cooperative.
voting by proxy
“ART. 37. Composition and Term of the Board of Directors.
Unless otherwise provided in the bylaws, the direction and management of the affairs of a cooperative shall be vested in a board of directors which shall be composed of not less than _______ nor more than _________ members elected by the general assembly for a term of _______ years and shall hold office until their successors are duly elected an qualified, or until duly removed for caused.
not less than five (5) nor more than fifiteen (15) members elected by the general assembly for a term of two (2)
“ART. 38. Powers of the Board of Directors. The board of directors shall be responsible for the_________, ________ and ________ activities of the cooperatives.
strategic planning,
direction-setting,
policy-formulation