Federation of Southern Cooperatives
Land Assistance Fund


 

One Person  One Vote
Each member has an equal vote. This means that no member has more control of the co-op than any other member. 

We use our votes 

  • to elect a Board of Directors 
  • to make important decisions 

It is important for all members to attend the Annual Meeting of the co-op. At the annual meeting, the board of directors and the members decide on the goals of the co-op for the coming year. 

Cooperative

Owned by the members who use the products or services
The members decide how the co-op is run
Used by members-owners
The goals are generally services to and for members and financial well being of the cooperative and its members
Savings and benefits are passed on to the members depending on the amount of business they do with the co-op

Corporation
(investment oriented)

  Owned by stockholders
  Stockholders or directors determine policies
  Generally used by nonowner customers
  The goal is generally profit
  Stockholders receive profits


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