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Withdrawal of Membership

Any cooperative-member of PFCCO-Central Luzon who wishes to withdraw its membership must:

  1. Submit a letter of intent/request addressed to the Board of Directors of PFCCO-Central Luzon for approval/disapproval.
  2. Settle all accounts with the League prior to withdrawal of membership. No member-cooperative is allowed to withdraw its regular membership, if the cooperative has an existing delinquent account with the League.
  3. Wait for a period of six (6) months, after the Board’s approval, for the release of its share capital, provided such release would not affect the operation of the League.