Passive Operations

The Passive Operations for which it is authorized to perform FEDPA are:

  • Accepting or receiving money for current savings deposits, time deposit of affiliated cooperatives contributors, unaffiliated, third party supporters and members in accordance with the regulations approved by the Board of Directors of FEDPA.
  • Issuance of debentures and other securities - stocks, bonds, Negotiable Commercial Securities (VCN), or equity instruments properly regulated by the IPACOOP and the stock market.
  • Any other passive operation that benefits the member cooperatives Federation or contributors, unaffiliated and acceding members, provided it is approved by the Board of Directors of FEDPA.