ADVOKS GLOBAL · KENYA
Co-operative Societies Act
4. Registration of co-operative societies
Edition: 2023-12-11 · In force
4. Registration of co-operative societies
Subject to the provisions of this Act, a society which has as its objects—(a)the promotion of the welfare and economic interests of it's members or adherence to the principles of Islamic law; and(b)has incorporated in its by-laws the following co-operative principles—(i)voluntary and open membership;(ii)democratic member control;(iii)economic participation by members;(iv)autonomy and independence;(v)education, training and information;(vi)co-operation among co-operatives, and(vii)concern for community in general;may be registered by the Commissioner as a co-operative society under this Act with or without limited liability.Provided that a co-operative union or an apex society shall not be registered except with limited liability.