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Different Cooperatives, Rights of Members PDF
Different Cooperatives, Rights of Members PDF
Different Cooperatives, Rights of Members PDF
Marketing co-operatives; market produce A member has the right to vote (one
on behalf of the members. The commodities person one vote) at meetings of a co-
marketed may include maize, beans, poultry operative society: and there is no voting by
products and dairy products proxy. However, the Act provides for plural
voting rights for delegates or members who
Housing co-operatives; are involved in the contribute above average to the
extraction and sale of minerals. These may development of the co-operative society but
be at different levels of capital investment. this is subject to the provisions of the by-
laws of the society.
Forestry co-operatives; are involved in
timber related business or honey processing The right to elect good board of directors:
and using resources from the forests. members have the duty to control the
activities of the co-operative through the
Savings and credit co-operatives; are board of directors who are elected to
those that are financial in nature and represent the general membership.
mobilize savings from members which they
in turn lend to the members who pay back The right to patronage bonus: according to
with interest. the Co-operative Societies Act No. 20 of
RIGHTS, LIABILITIES, DUTIES AND 1998, patronage bonus may be paid to by
RESPONSIBILITIES OF MEMBERS the co-operative society to its members. It is
usually paid in relation to the level of
(2) (3) (4)