No member of a registered society 1[ other than the State Government of another registered society], shall have or claim any interest in the capital of a registered society exceeding one- fifth of the total capital or such smaller proportion as may be prescribed by the rules.
Section 29: Restriction on holding of members
The Bihar Co-operative Societies Act, 1935State Act of Jharkhand · Act 6 of 1935
Where this provision sits
| Act | The Bihar Co-operative Societies Act, 1935 |
|---|---|
| Section | 29 |
| Marginal note | Restriction on holding of members |
| Jurisdiction | State of Jharkhand |
| Status | In force as published by the source |
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