Problem
1) Securities Regulation Code
• What are securities?
• When should securities be registered with the SEC?
• What securities are exempt from registration?
• What is a tender offer of securities?
• When is a tender offer needed to be registered?
2) Cooperative Act
• What is a cooperative?
• What is the purpose of cooperative?
• How does it differ from a corporation in reference to creation, conduct and dissolution?
• What are the powers of a cooperative?
• Who can be members of cooperatives and what is the role of the board of trustees?