Notwithstanding anything contained in section 19, a society may admit any person as a nominal member who shall no share either in the management or profits of a society and shall not be subject to any contributory liability in the case of winding up of the society.
Section 20: Nominal members
Madhya Pradesh Co-Operative Societies Act, 1960State Act of Madhya Pradesh · Act 17 of 1960
Where this provision sits
| Act | Madhya Pradesh Co-Operative Societies Act, 1960 |
|---|---|
| Section | 20 |
| Marginal note | Nominal members |
| Jurisdiction | State of Madhya Pradesh |
| Status | In force as published by the source |
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