In these bye-laws, unless the context otherwise requires, “Decree” means the Cooperative Societies Decree NLCD 252 of 1968, and Regulations of 1968 and such amendments as apply from time to time. Where no express mention is made these by-laws are meant to be read subject to such Decree, Regulations and their amendments.

Bye-Law: Means the Registered by-laws of the Union

Registrar:Means the Registrar of Cooperative Union

The Name of the Union shall be UNIVERSITY OF GHANA CO-OPERATIVE CREDIT UNION LIMITED. Its area of operation shall be UNIVERSITY OF GHANA, LEGON, AFFILIATED INSTITUTIONS TO THE UNION AND THE SURROUNDING COMMUNITIES.

The objectives of the Union are:
a) to promote thrift among its members by providing a means of savings
b) to provide loans to its members for provident or productive purposes at fair but competitive rate of interest
c) to provide quality financial services to its members