Legal Problems Of The Rural Fund Cooperatives

The key issues of the rural economy, rural finance, rural financial development lags behind severely restricted the development of rural economy. Comprehensive study abroad experience and practice of the domestic rural economy that the cooperative finance can be a better solution rural finance, rural credit union funds is a very effective form of organization of the rural cooperative financial development of rural finance an effective institutional arrangements. Conform to the trend of historical development and follow the law of economic development, promote the healthy development of the rural fund cooperatives, the party and the country Taiwan has a number of policies and regulations to reduce the threshold of a rural set up financial institutions, rural areas have emerged out of similar rural funds unions and other financial institutions, thus breaking the long-term binding of rural financial development bottlenecks, effectively easing the difficult situation of rural finance, also effectively promote the crack of the three rural issues, called the model of civil and financial development. In our current legal system, rural fund cooperatives is the rural grassroots banking financial institutions, in essence, it belongs to a cooperative financial organization; nature of the law, which combines the public, the private interests of legal nature, that is responsible for specific public welfare task-profit legal organization. In practice, rural fund cooperatives face a series of legal risks, such as the supply of relevant laws and regulations, operations and regulatory regime is extremely imperfect, these legal risks if not properly resolve, will be seriously hampered the rural credit union funds the normal and healthy development. Norms for the protection of rural fund cooperatives, health development should be to establish a scientific and rational system of legal norms. Therefore, we recommend that the state promulgated the "Cooperative Finance Act, the formation of the legal system to regulate rural fund cooperatives and other legal documents work. This paper focuses on the legislative guiding ideology, basic principles of credit union funds, market access and exit mechanisms, risk prevention mechanism, and the other main question of legal responsibility. Called for to build a "soft" and "hard", the trinity of "legal culture" system of legal norms, in order to solve the problem of the legal risks faced by the rural fund cooperatives, health and pave the way for the specification of the rural fund cooperatives.