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RA 2023 Section 75

Recall or purchase of shares.

Section 75

SEC. 75. Recall or purchase of shares.—A co-operative may, by resolution of the members of a general assembly recall the holdings of any member in excess of the amount requisite for membership: Provided, That no purchase shall be made when the debts of the co-operative exceed fifty per centum of the assets thereof. All shares that shall be purchased under sections thirty-one, thirty-two, seventy-two and seventy five shall be reissued or cancelled.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VII.—Capital, property and funds →

Other provisions in CHAPTER VII.—Capital, property and funds

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 2023 Section 75 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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