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DMA-2001-R-61003
Breadcrumb
Title_of_text
Cooperative Societies Regulations, 2001 (S.R.O. 26).
Main Region
First Region
Country(ies)
Dominica
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
2001-08-21
Scope of text
National
Type of legislation (Type of text)
Regulation, Decree, Ordinance
Second Region
Abstract/Citation
Made under Section 239 of Cooperative Societies Act. Regulates various aspects of activities of cooperative societies, such as dividend rate, transfer of shares, minimum amount of bond, annual financial statements and special returns, auditor's report, election of directors, term of office, meetings of directors, appointment of secretary and treasurer, duties of secretary and treasurer, supervisory committee, procedure on appeal of termination of membership, unclaimed amounts in case of terminated membership, liquidity, loan approval, borrowing by director, security for loans, loan terms and conditions, doubtful loans, doubtful loans allowance, overdue loans, investment, use of statutory reserves, credit committee, interest on loans, deposits, maximum liability on deposits and loans, bank account, and branches.
Basic Text region
Basic text(s)
1997-01-22 (DMA-1997-L-45972)
Co-operative Societies Act (No. 15 of 1996).
Basic text(s)
2011-04-15 (DMA-2011-L-89312)
Co-operative Societies Act 2011, Act (No. 2 of 2011).
Serial region
Serial title
Printed separately
Page range
22 p.