Role of members
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Role of members
Conscious and efficient participation
In setting up a cooperative, the interested parties must have a clear objective. Members must be fully aware of their role as owners and users of a society. Organized into committees, councils, centers or commissions, cooperatives seek to provide the best possible support to those who have been granted the responsibility of running a business, so that all decisions made are correct, representing the will of the majority.
Rights of members
- to vote and to be voted;
- to participate in all operations of the cooperative;
- to receive a proportional share of the surplus funds at the end of each fiscal year;
- to examine books and documents;
- to call an assembly, when deemed necessary;
- to request clarifications from Fiscal and Administrative Councils;
- to give and defend points of view;
- to propose measures deemed of interest to the cooperative to the Administrative Council or to the General Assembly.
Obligations of members
- to work with the cooperative;
- to participate in all General Assemblies;
- to pay their dues on time;
- to comply with all General Assembly decisions;
- to vote in cooperative elections;
- to meet all commitments with the cooperative;
- to care for the image of the cooperative;
- to assume their share of losses, when they occur, and the expenses of the cooperative.
Whenever an objective becomes incompatible in a cooperative, the following may take place:
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Withdrawal: members freely request, in writing,
their withdrawal from the cooperative which cannot not be denied
by the administrative council, as long as said member(s) are on
time with their obligations;
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Elimination: shall always be decided and approved
by the Administrative Council, to verify non-compliance with legislation,
or cooperative bylaws or norms. The reasons for said elimination
must be duly registered in the membership roster;
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Exclusion: due to the dissolution of a private entity,
death of an individual, civil incapability, or non-compliance with the
cooperative's acceptance or membership requirements.
Members of a cooperative must understand the difference between
cooperative enterprises and commercial businesses:
| Cooperative enterprises |
Commercial businesses |
- simple society, governed by specific legislation;
- number of members limited to service provision capacity;
- democratic control: one member, one vote; aim to provide services;
- the quorum of an assembly is based on the number of members;
- the transfer of quota-shares to third parties is not permitted;
- results are shared proportionally to the amount of the operations.
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- capital society - shares;
- limited number of partners;
- one share - one vote;
- aim at profit;
- the quorum of an assembly is based on the capital;
- the transfer and sale of shares to third parties is permitted;
- dividends are proportional to the total value of shares.
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