III. Types of Cooperatives Based on Membership Federal Type- Membership is limited to cooperatives (juridical persons) doing the same line of business. Union Type- Membership is limited to cooperatives (juridical persons); the main activity of the Union is nonbusiness. Combination Type- The cooperative activity of federation and union of cooperatives.
IV. Types of Cooperatives Based on Capital Structure Stock Cooperative- Issues share of socks, common, and preferred. Non-stock Cooperative- Does not issue shares of stocks.
V. Types of Cooperative Based on Number of Commodities Handled and/ or Services Performed Single purpose or specialized cooperative- Handles only one kind of commodity or performs only one kind of service. Multipurpose Cooperative- Handles more than one kind of commodity or performs more than one kind of service.