The Commissioner for Cooperative Development has approved the registration of Trans-Tena Sacco.
A letter addressed to the Sacco Chairperson dated September 8, 2023 and signed by Trans Nzoia County Cooperative Officer Edith Watimah stated that the Sacco’s certificate of registration has been duly signed by the Commissioner for Cooperatives who also approved a copy of the society’s by-laws.
The letter directed the Sacco to convene its first AGM within 30 days after receipt of the certificate of registration according to the Cooperative Societies Act Cap 490 Laws of Kenya, Section 27.
The agenda of the AGM should include:
Election of society office bearers, approval of society maximum borrowing powers and budget, appointment of society bankers and auditors, approval of value indemnity to the society by the committee and receive reports and decide other matters relating to the running of the society.
By Rosemil Oduor
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