RA 6938 (Cooperative Code of the Philippines) Article 57

Bonding of Accountable Officers.

Article 57

ART. 57. Bonding of Accountable Officers. — Every director, officer, and employee handling funds, securities or property on behalf of any cooperative shall execute and deliver adequate bonds for the faithful performance of his duties and obligations. The board of directors shall determine the adequacy of such bonds.

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Other provisions in RA 6938 (Cooperative Code of the Philippines)

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 6938 (Cooperative Code of the Philippines) Article 57 (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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