RA 2023 Section 118

Membership.

Section 118

SEC. 118. Membership.—Membership of co-operative banks may include co-operatives, federations of co-operatives and individual members who join in the articles of incorporation of the co-operative bank and co-operatives, federations of co-operatives and individual members admitted to membership by the board of directors of such bank after registration. Affiliated co-operatives shall be known as class "A" members and individual members shall "be known as class "B" members.

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Other provisions in CHAPTER XV.—Special Provisions relating to co-operative banks

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 118 (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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