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RA 821 Section 12

Definitions.

Section 12

SEC. 12. Definitions.—For purposes relating to the implementation of this Act, the following definitions shall apply: A farmers cooperative association shall be a voluntary business organization among farmers (producers of agricultural products including tenants and landlords) established for the purpose of marketing farm products and/or buying farm supplies and implements collectively for the members' direct benefit. It is governed according to the cooperative principles of one-man-one-vote basis, limited interest on capital and the savings apportioned among the members on the basis of patronage. The term "small farmer" shall mean an individual person who exclusively uses the labor available from within his family, and is actually engaged in agriculture.

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Other provisions in RA 821

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 821 Section 12 (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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