Republic Acts1 min read
Section 77March 10, 1990, Sec./Art. 77
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Shares. - The term "share" refers to a unit of capital the par value of which may be fixed at any figure but not less than One peso (Pl.00). The share capital of a cooperative is the money paid or required to be paid for to conduct its operations. The method of issuing the share certificates may be prescribed in the by-laws of a cooperative.
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