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RA 2023 Section 91

Inspection.

Section 91

SEC. 91. Inspection.— The Administrator may, on his own initiative or on the application of a creditor of a co-operative, inspect or direct any person authorized by him in this behalf in writing to inspect the co-operative. No inspection shall be made or directed under subsection (1) on the application of a creditor unless:— The creditor satisfies the Administrator that the debt is a sum then due, that he has demanded payment thereof and he has not received satisfaction within a reasonable time; and The creditor deposits with the Administrator such sum as security for the cost of the proposed inspection as the Administrator may fix. A federation of co-operatives shall have the right to inspect at any time any co-operative which is indebted to it. The inspection may be made either by an officer of the federation of co-operatives or by a member of its paid staff certified by the Administrator as competent to conduct such an inspection. The results of an inspection under this section shall be communicated to the creditor, to the co-operative and to the federation of co-operatives to which the co-operative is indebted; and when the inspection is made by a federation of co-operatives, to the Administrator and the cooperative.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IX.—Audit, inquiry and inspection →

Other provisions in CHAPTER IX.—Audit, inquiry and inspection

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 91 (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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