The strength of any organisational system lies in the extent to which it earns and holds the respect of its members, shareholders and citizens through an open election process resulting in the appointment of fit and proper directors to perform inherent fiduciary duties.

Every Cooperative must be managed and controlled by fit and proper persons. Thus, all COOPERATIVE societies are under a duty to elect fit and proper persons as Directors. Members offering themselves as candidates for elected positions should be required to meet the minimum of fit and proper requirements.

Now therefore, in order to ensure compliance with relevant laws in relation to cooperatives, ………………………….(name of Cooperative) is committed to ensure good governance in the society and commits to provide members with an opportunity to participate freely in choosing leaders through a well organised democratic process.