Republic Acts1 min read
Section 67March 10, 1990, Sec./Art. 67
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Involuntary Dissolution. - A cooperative may be dissolved by order of a competent court after due hearing on the grounds of:
(1) violation of any law, regulation or provisions of its by-laws; or
(2) insolvency.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.