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Primary Text
Definition and Purpose. - An agrarian reform cooperatives within the meaning of this Code is one where the majority of the members are agrarian reform beneficiaries and marginal farmers and organized for any or all the following purposes:
(1) To develop an appropriate system of land tenure, land development, land consolidation or land management in areas covered by agrarian reform;
(2) To coordinate and facilitate the dissemination of scientific methods of production, and provide assistance in the storage, transport, and marketing of farm products for agrarian reform beneficiaries and their immediate family, hereinafter referred to as "beneficiaries";
(3) To provide financial facilities to beneficiaries for provident or productive purposes at reasonable costs;
(4) To arrange and facilitate the expeditious transfer of appropriate and suitable technology to beneficiaries and marginal farmers at the lowest possible cost;
(5) To provide social security benefits, health, medical and social insurance benefits and other social and economic benefits that promote the general welfare of the agrarian reform beneficiaries and marginal farmers;
(6) To provide non-formal education, vocational/technical training, and livelihood programs to beneficiaries and marginal farmers;
(7) To act as channels for external assistance and services to the beneficiaries and marginal farmers;
(8) To undertake a comprehensive and integrated development program in agrarian reform and resettlement areas with special concern for the development of agro-based, marine-based, and cottage-based industries;
(9) To represent the beneficiaries on any or all matters that affect their interest; and
(10) To undertake such other economic or social activities as may be necessary or incidental in the pursuit of the foregoing purposes.
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