My bookmarksSign up free

RA 2023 Section 128

RA 2023 Section 128

Objects.

Section 128

SEC. 128. Objects.— The objects of co-operative-wholesale societies are to facilitate the operation of consumers and producers co-operatives in particular and retailers in general by being a source of steady supply and disposal of domestic requirements of their members, and The Philippine Co-operative Wholesale Society may— Purchase, produce and supply in wholesale quantities through the provincial co-operative wholesale societies, if in existence, to the affiliated co-operatives with goods which they require for domestic purposes of their members and to retailers and their associations or corporations who have become members; Enter into retail trade as far as it is necessary; Import goods from other countries and as far as possible through the Co-operative Movement of other countries; Establish branches in each province where no provincial co-operative wholesale society exists, with a view to convert such branches into provincial co-operative wholesale societies; Undertake to distribute essential commodities to the people in case of emergencies, under the control of the Government; Stand guarantee for the affiliated co-operatives; Market the products manufactured including articles of handicrafts and small industry by the affiliated co-operatives, either by the outright purchase or on commission basis; Provide training of its employees and the employees of the affiliated co-operatives and spread knowledge as to why and how the consumers should organize themselves; Protect the interests of the consumers and producers co-operatives in the sphere of legislation; and Carry on all other objects as may be prescribed in the regulations. The provincial co-operative wholesale societies may, in addition to the objects noted in clauses (b), (e), (f), (g) and (h) of subsection (1) of this section, may— Act as agent of The Philippine Co-operative Wholesale Society; and Carry on all other objects as may be prescribed in the regulations.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XVI.—Special provisions relating to co-operative wholesale societies →

Other provisions in CHAPTER XVI.—Special provisions relating to co-operative wholesale societies

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 128 (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).

Continue your research