The Multi-State Co-operative Societies Act
28Members not to exercise rights till due payment made
No member of a multi-State cooperative society shall exercise the rights of a member, unless he has made the payment to the society in respect of membership, or has acquired such interest in the society, as may be specified in the bye-laws.
Download our fully-offline, High speed android app.- Click here
MEMBERS OF MULTI-STATE CO-OPERATIVE SOCIETIES AND THEIR DUTIES, RIGHTS AND LIABILITIES
- 25 Persons who may become members
- 26 Nominal or associate member of society
- 27 Educational course for members
- 28 Members not to exercise rights till due payment made
- 29 Disqualification for member of a multi-State co-operative society
- 30 Expulsion of members
- 31 Vote of members
- 32 Manner of exercising vote
- 33 Restriction on holding of shares
- 34 Restriction on transfer of shares or interest
- 35 Redemption of shares
- 36 Transfer of interest on death of members
- 37 Liabilities of past member and estate of deceased member