Outline five rights of a member of a cooperative society
The rights of a member of a cooperative society
These rights are:-
- To attend and participate in general meetings.
- To elect and be elected to the organs of the society subject to this by-laws.
- To enjoy the use of all facilities and services of the society subject to the by-laws.
- To receive periodically and regularly or upon request a statement of account in respect of transactions with the society.
- To access all legitimate information relating to the society including: internal regulations, registers, minutes of general meetings, annual accounts, inventories and investigation reports at the registered office of the society subject to any regulations in force.
- To transfer shares.
- To share in the profits of the society, if any.
- To vote on all matters put before the general meeting of the society.
- To appoint a nominee.
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