Practice question
A cooperative adopts a bylaw concededly contrary to law, claiming its Article9 bylaw power is unlimited. Which is correct?
- Article9 permits bylaws not contrary to law, morals or public policy
- Any bylaw overrides national law
- Registration validates every later bylaw
- Only the title of the bylaw matters
- Member approval repeals all external restrictions
Legal references
- RA9520 Philippine Cooperative Code: https://cda.gov.ph/issuances/republic-act-9520/ Articles3,4 and9.
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