Republic of the Philippines

Province of Agusan del Norte

Municipality of Kitcharao
Barangay Canaway

CANAWAY FARMERS AND LABORS ASSOCIATION

(CAFLAS)

RESOLUTION NO. 01
Series of 2023

“RESOLUTION AUTHORIZING NANCY B. BAYANG, PRESIDENT AND ELONA R. ENCIO, TREASURER TO

OPEN A JOINT SAVINGS ACCOUNT OF CAFLAS AS THE OFFICIAL SIGNATORIES AT BAUG CARP
BENEFICIARIES MULTI-PURPOSE COOPERATIVE (BCBMPC) KITCHARAO BRANCH, KITCHARAO, AGUSAN
DEL NORTE.”

WHEREAS, Canaway Farmers and Labors Association (CAFLAS) is a Department of Labor and
Employment (DOLE) registered association with office and store address at Purok 4, Barangay Canaway,
Kitcharao, Agusan del Norte;

WHEREAS, some of the financial transaction of the association requires to be made with other
cooperative and commercial banks;

WHEREAS, BCBMPC a cooperative bank in Kitcharao, Agusan del Norte and Cabadbaran City;

WHEREAS, this resolution is subsisting and effective and has not been amended nor revoked or
superseded.

NOW THEREFORE

RESOLVED, as it is hereby resolved by the Canaway Farmers and Labors Association (CAFLAS) in meeting
assembled to authorized Nancy B. Bayang, President and Elona R. Encio, Treasurer to open a joint
savings account of CAFLAS and as an official signatories at Baug Carp Beneficiaries Multi-Purpose
Cooperative (BCPMPC) Kitcharao branch, Kitcharao, Agusan del Norte.

RESOLVED FURTHER, to let copies of this resolution be furnished to the Board of Directors of BCBMPC,
Cabadbaran Branch, Cabadbaran City, Department of Labor and Employment (DOLE) and to concerned
line agencies for their information and guidance.

APPROVED AND ADOPTED, this 26th day of October, 2023, upon motion of CAFLAS Vice President
__________________ which duly seconded by BOD member _________________________.

CERTIFIED CORRECT:

NANCY B. BAYANG
Presiding Officer/ CAFLAS President
ATTESTED:

________________________
CAFLAS Secretary

APPROVED:

NANCY B. BAYANG
CAFLAS President