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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
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