• Cooperative Principle #3: Member Economic Participation

  • Aug 9 2023
  • Length: 25 mins
  • Podcast

Cooperative Principle #3: Member Economic Participation

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  • Summary

  • Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for any or all of the following purposes: developing the cooperative; setting up reserves; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
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