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COP315Management Sciences2 Unitsintermediate

Cooperatives Law

This course introduces students to the legal framework governing cooperative societies in Nigeria. It explores the historical development of cooperative laws, sources of cooperative law, and the powers of the legislature in enacting cooperative legislation. The course also covers the registration, management, and liquidation of cooperative societies, as well as the rights, duties, and privileges of members. Emphasis is placed on understanding the legal aspects of cooperative operations and their role in socio-economic development.

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156h

Study Time

13

Weeks

12h

Per Week

none

Math Level

Course Keywords

Cooperative LawNigerian LegislationSociety RegistrationLiquidationMember Rights

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level

Builds on foundational knowledge

65%

intermediate

📚

Math Level

No Math

📖

Learning Type

Theoretical Focus

Course Topics

Key areas covered in this course

1

History of Cooperative Law

2

Cooperative Legislation

3

Sources of Cooperative Law

4

Registration of Cooperative Societies

5

Contract Law and Cooperatives

6

Corporate Social Responsibility

7

Corporate Governance

8

Liquidation of Cooperative Societies

9

Arbitration

10

Member Rights and Privileges

Total Topics10 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Cooperative Manager

Apply your skills in this growing field

Legal Advisor

Apply your skills in this growing field

Compliance Officer

Apply your skills in this growing field

Policy Analyst

Apply your skills in this growing field

Community Development Officer

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureFinanceCommunity DevelopmentRetailHousing

Study Schedule Beta

A structured 13-week journey through the course content

Week

1

Module 1:

4h

Unit 1: History of applicable Laws of Cooperative Society in Nigeria from 1935 1993

2 study hours

•Read Unit 1: Understand the historical context of cooperative laws in Nigeria from 1935-1993.
•Identify key legislative milestones and their impact on cooperative societies.

Unit 2: Cooperative Legislations in Nigeria and the Powers of Legislature

2 study hours

•Study Unit 2: Examine the legislative powers governing cooperative legislation in Nigeria.
•Analyze the division of powers between federal and state legislatures.

Week

2

Module 1:

4h

Unit 3: Cooperative Legislation, Practice and Procedure

2 study hours

•Review Unit 3: Understand cooperative legislation, practice, and procedure.
•Focus on the practical application of cooperative laws in Nigeria.

Unit 4: Sources of Cooperative Law in Nigeria

2 study hours

•Study Unit 4: Identify the various sources of cooperative law in Nigeria.
•Distinguish between formal and material sources of law.

Week

3

Module 1:

3h

Unit 5: Sources of Law II (Received English Law Common Law)

3 study hours

•Read Unit 5: Explore the influence of Received English Law (Common Law) on Nigerian cooperative law.
•Understand the historical context and application of English Common Law.

Week

4

MODEL 2

3h

Unit 1 Registration of Cooperative Society

3 study hours

•Study Unit 1: Understand the process of registering a cooperative society.
•Review the requirements and conditions for registration.

Week

5

MODEL 2

3h

UNIT 2 GENERAL PRINCIPLES OF CONTRACT AND APPLICATION TO COOPERATIVE OCIETITES

3 study hours

•Read Unit 2: Understand the general principles of contract law and their application to cooperative societies.
•Focus on the essential elements of a valid contract.

Week

6

MODEL 2

3h

UNIT 3 DUTY AND PRIVILEGES OF REGISTERED COOPERATIVE SOCIETY

3 study hours

•Study Unit 3: Examine the duties and privileges of registered cooperative societies.
•Focus on the rights and obligations of members.

Week

7

MODEL 2

3h

UNIT 4 TRANSFER OF A DEAD MEMBER"S INTEREST

3 study hours

•Read Unit 4: Understand the legal procedures for transferring a deceased member's interest.
•Focus on the rights of beneficiaries and legal requirements.

Week

8

MODULE 3

3h

UNIT 1 CORPORATE SOCIAL RESPONSIBILITY OF COOPERATIVE SOCIETY AND CORPORATE SOCIAL RESPONSIBILITIES TO SHAREHOLDERS: I.E. MEMBERS

3 study hours

•Study Unit 1: Understand the concept of Corporate Social Responsibility (CSR) and its application to cooperative societies.
•Focus on the responsibilities of cooperative societies to their members.

Week

9

MODULE 3

3h

UNIT 2 CORPORATE DONATIONS AND THEIR LEGAL IMPLICATIONS

3 study hours

•Read Unit 2: Examine the legal implications of corporate donations made by cooperative societies.
•Understand the restrictions and regulations governing donations.

Week

10

MODULE 3

3h

UNIT 3 CORPORATE ADMINISTRATION AND CONTROL

3 study hours

•Study Unit 3: Understand the principles of corporate governance and control in cooperative societies.
•Focus on the roles and responsibilities of management and members.

Week

11

MODULE 3

3h

UNIT 4 DIVIDENDS

3 study hours

•Read Unit 4: Understand the legal aspects of dividend distribution in cooperative societies.
•Focus on the rules and regulations governing dividend payments.

Week

12

MODULE 3

3h

UNIT 5 PUBLIC ACCOUNTABILITY

3 study hours

•Study Unit 5: Understand the principles of public accountability for cooperative societies.
•Focus on transparency and reporting requirements.

Week

13

MODULE 3

3h

UNIT 6 SHARE CAPITAL

3 study hours

•Read Unit 6: Understand the legal framework governing share capital in cooperative societies.
•Focus on the different types of capital and their implications.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a timeline of key cooperative legislation from 1935 to the present, noting amendments and their impacts.

2

Develop case studies applying contract law principles to common cooperative scenarios (e.g., member loan agreements).

3

Outline the steps involved in registering, managing, and liquidating a cooperative society, focusing on legal requirements.

4

Compare and contrast the rights and responsibilities of cooperative members, directors, and officers.

5

Practice analyzing hypothetical dispute resolution cases, applying arbitration principles and relevant legislation.

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