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Initial Share Capital
₱200,000.00
The main source of funds of the Federation comes from Primary Cooperatives share capital contributions.
As mandated by RA 9520 or the Philippine Cooperative Code of 2008, no member shall own or hold more than ten (10) percent of the total share capital of the Cooperative.
Minimum Subscribed Capital: The minimum share capital subscription per member shall be EIGHT THOUSAND (8,000) shares with a total value of Eight Hundred Thousand Pesos (P800,000.00).
Maximum Subscribed Capital: The maximum share capital subscription per member shall be THIRTY TWO THOUSAND (32,000) shares with a total value of Thirty Million Two Hundred Thousand Pesos (P3,200,000.00).
Minimum Paid-up Capital: 25% Paid-up of Eight Thousand (8,000) shares is P200,000.00
One share has a par value of Php 100.00.
This will be found in Articles of Incorporation of the Federation.