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Section 42

The Assam Co-operative Societies Act, 2007State Act of Assam · Act 4 of 2012

(1) The term of office of the Directors shall be three cooperative years.

(2) The term of representative of an affiliated society shall be co- terminus with the term of Board of such cooperative society :

Provided that the said representative shall cease to be a representative if the Board of the society which he represents is dissolved. :

Provided further that a director representing a credit society or a finance society to a higher tier of such society shall be disqualified to continue in the board in the event of the society which he represents commits default in repayment for a period exceeding 90 days.

(3) Any causal vacancy in the office of the Director shall be filled in accordance with the provisions of the bye-laws and the Director so elected shall hold office for the unexpired term of his predecessor.

Where this provision sits

ActThe Assam Co-operative Societies Act, 2007
Section42
JurisdictionState of Assam
StatusIn force as published by the source

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