Section 21: Restriction on holding of shares

The Rajasthan Co-operative Societies Act, 2001State Act of Rajasthan · Act 16 of 2002

An individual member in a co-operative society shall hold such number of shares as may be prescribed in the bye-laws of the society, or to a maximum of the one-fifth of the total share capital of the society, whichever is less:

Provided that an individual member of an Urban Co-operative Bank shall hold such number of shares as may be prescribed in the byelaws of the society, or to a maximum of the one twentieth of the total share capital of the society, whichever is less.

Where this provision sits

Act	The Rajasthan Co-operative Societies Act, 2001
Section	21
Marginal note	Restriction on holding of shares
Jurisdiction	State of Rajasthan
Status	In force as published by the source

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