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Section 26: Nominal or associate member of society.

The Multi-State Co-operative Societies Act, 2002Central Act · Act 39 of 2002

A multi-State co-operative society may, if provided in its bye-laws, admit a person as nominal or associate member:

Provided that no such nominal or associate member shall be entitled to subscribe the shares of such society or have any interest in the management thereof including right to vote, elect as a director of the board or participate in the general body meetings.

Where this provision sits

ActThe Multi-State Co-operative Societies Act, 2002
Section26
Marginal noteNominal or associate member of society.
JurisdictionCentral
StatusIn force as published by the source

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