Termination of Membership

Any member of PFCCO-Central Luzon may be expelled at the discretion of the Board of Directors, in any of the following:

1. If the member-cooperative’s regular account (either loan or savings) has been dormant for one (1) year.
2. Member-cooperative has sold their share capital to another cooperative, without seeking approval from the Board of Directors.
3. Failure to comply with the Member’s Oath