RA 6938 (Cooperative Code of the Philippines) Article 111

Definition and Objectives.

Article 111

ART. 111. Definition and Objectives. — A credit cooperative is a financial organization owned and operated by its members with the following objectives: To encourage savings among its members; To create a pool of such savings for which loans for productive or provident purposes may be granted to its members; and To provide related services to enable its members to maximize the benefit from such loans.

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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 111 (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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