Cooperatives Law
- Management Sciences
- 300 level
- 2 credit units
- 165 pages
- 26 units
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.
About this course
- Difficulty
- Intermediate
- Study hours
- 156 hours
- Maths
- None
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of COP315, taken from the course material NOUN publishes.
- UNIT 1 CORPORATE SOCIAL RESPONSIBILITY OF COOPERATIVE SOCIETY AND CORPORATE SOCIAL RESPONSIBILITIES TO SHAREHOLDERS: I.E. MEMBERSPage 67
- UNIT 2: CORPORATE DONATIONS AND THEIR LEGAL IMPLICATIONSPage 81
- UNIT 3: CORPORATE ADMINISTRATION AND CONTROLPage 88
- UNIT 4: DIVIDENDSPage 101
- UNIT 5: PUBLIC ACCOUNTABILITYPage 106
- UNIT 6: SHARE CAPITALPage 115
- UNIT 1: PROPERTY AND FUND OF REGISTERED SOCIETYPage 137
- UNIT 2: RELATIONSHIP WITH OTHER REGISTERED SOCIETYPage 142
- UNIT 3: POWER TO GRANT LOANSPage 143
- UNIT 4: POWER OF INVESTMENTPage 144
- UNIT 1: PRIVILEGES OF COOPERATIVE SOCIETYPage 145
- UNIT 2: POWERS OF COOPERATIVE SOCIETYPage 149
- UNIT 3: DIVISION, AMALGAMATION AND CANCELLATION OF THE REGISTRATION OF COOPERATIVE SOCIETYPage 152
- UNIT 4: REGISTER OF MEMBERS OF COOPERATIVE SOCIETYPage 156
One paragraph, so you can see how it reads
COP315 · UNIT 1 COOPERATIVE SOCIETIES
All these units are demanding. They also deal with basic principles and values, which merit your attention and thought. Tackle them in separate study periods. You may require several hours for each.
What you should be able to do
- Understand the historical and legal framework of cooperative societies in Nigeria.
- Identify and apply relevant legislation governing cooperative operations.
- Explain the process of registering, managing, and liquidating a cooperative society.
- Analyze the rights, duties, and privileges of cooperative members.
- Apply principles of contract law and corporate governance to cooperative settings.
- Evaluate the ethical and social responsibilities of cooperative societies.
What it prepares you for
- Cooperative Manager
- Legal Advisor
- Compliance Officer
- Policy Analyst
- Community Development Officer
- Agriculture
- Finance
- Community Development
- Retail
- Housing
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 1:
Unit 5: Sources of Law II (Received English Law Common Law)
Understanding the nuances of received English law and its applicability within the Nigerian legal system requires careful attention to historical context and legal interpretation.
- MODULE 4
Unit 1 Compulsory and Voluntary Liquidation of Cooperative Societies
The procedures for compulsory liquidation involve complex legal processes and require a thorough understanding of insolvency laws and court procedures.
A suggested way through it
13 weeks, about 41 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: History of applicable Laws of Cooperative Society in Nigeria from 1935 1993 · 2 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 hours
Study Unit 2: Examine the legislative powers governing cooperative legislation in Nigeria.. Analyze the division of powers between federal and state legislatures..
- Week 2Module 1:
Unit 3: Cooperative Legislation, Practice and Procedure · 2 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 hours
Study Unit 4: Identify the various sources of cooperative law in Nigeria.. Distinguish between formal and material sources of law..
- Week 3Module 1:
Unit 5: Sources of Law II (Received English Law Common Law) · 3 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 4MODEL 2
Unit 1 Registration of Cooperative Society · 3 hours
Study Unit 1: Understand the process of registering a cooperative society.. Review the requirements and conditions for registration..
- Week 5MODEL 2
UNIT 2 GENERAL PRINCIPLES OF CONTRACT AND APPLICATION TO COOPERATIVE OCIETITES · 3 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 6MODEL 2
UNIT 3 DUTY AND PRIVILEGES OF REGISTERED COOPERATIVE SOCIETY · 3 hours
Study Unit 3: Examine the duties and privileges of registered cooperative societies.. Focus on the rights and obligations of members..
- Week 7MODEL 2
UNIT 4 TRANSFER OF A DEAD MEMBER"S INTEREST · 3 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 8MODULE 3
UNIT 1 CORPORATE SOCIAL RESPONSIBILITY OF COOPERATIVE SOCIETY AND CORPORATE SOCIAL RESPONSIBILITIES TO SHAREHOLDERS: I.E. MEMBERS · 3 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 9MODULE 3
UNIT 2 CORPORATE DONATIONS AND THEIR LEGAL IMPLICATIONS · 3 hours
Read Unit 2: Examine the legal implications of corporate donations made by cooperative societies.. Understand the restrictions and regulations governing donations..
- Week 10MODULE 3
UNIT 3 CORPORATE ADMINISTRATION AND CONTROL · 3 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 11MODULE 3
UNIT 4 DIVIDENDS · 3 hours
Read Unit 4: Understand the legal aspects of dividend distribution in cooperative societies.. Focus on the rules and regulations governing dividend payments..
- Week 12MODULE 3
UNIT 5 PUBLIC ACCOUNTABILITY · 3 hours
Study Unit 5: Understand the principles of public accountability for cooperative societies.. Focus on transparency and reporting requirements..
- Week 13MODULE 3
UNIT 6 SHARE CAPITAL · 3 hours
Read Unit 6: Understand the legal framework governing share capital in cooperative societies.. Focus on the different types of capital and their implications..
Preparing for the exam
- Create a timeline of key cooperative legislation from 1935 to the present, noting amendments and their impacts.
- Develop case studies applying contract law principles to common cooperative scenarios (e.g., member loan agreements).
- Outline the steps involved in registering, managing, and liquidating a cooperative society, focusing on legal requirements.
- Compare and contrast the rights and responsibilities of cooperative members, directors, and officers.
- Practice analyzing hypothetical dispute resolution cases, applying arbitration principles and relevant legislation.
Questions students ask about this course
What is COP315 about?
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.
How many units does COP315 have?
COP315, Cooperatives Law, has 26 units across 5 modules, over 165 pages of course material. You can read it one unit at a time.
How many credit units is COP315?
COP315 carries 2 credit units, at 300 level in Management Sciences.
Is COP315 hard?
COP315 is rated intermediate level, with no mathematical content. It is mostly theoretical and case study work.
How long does COP315 take to study?
About 156 hours of study, spread across its 26 units.
How is COP315 assessed?
COP315 is assessed by assignments, tutor marked assessments and final examination.
What can I do with COP315?
Cooperative Manager, Legal Advisor, Compliance Officer, Policy Analyst and Community Development Officer.