RA 2023 Section 125

Distribution of savings.

Section 125

SEC. 125. Distribution of savings.—The provisions under Chapter VIII—Allocation and Distribution of savings—of this Act shall apply to the distribution of savings of co-operative banks except that the Reserve Fund to be set apart shall at least be twenty-five per cent of the net savings and the general assembly shall decide whether to allow patronage refund or not; and if to be allowed, the amount to be utilized for patronage refund.

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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 125 (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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