Section 41

The Uttar Pradesh Co-operative Societies Rules,1968State Rules of Uttar Pradesh · 1966

(1) No person who is an individual shall be a member of Co- operative Society which gives loans in cash or kind or both to its members, if such person is an undischarged insolvent.

(2) No person who is an individual shall be or continue as an ordinary member of the society if, in the opinion of the Registrar, he carries on the same kind of business as is being carried on by the society.

Where this provision sits

Act	The Uttar Pradesh Co-operative Societies Rules,1968
Section	41
Jurisdiction	State of Uttar Pradesh
Status	In force as published by the source

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