The Delhi Co-operative Societies Act

Persons who may become members

Nominal or associate members

Member not to exercise rights till due payment made

Votes of members

Manner of exercising vote

Restriction on transfer of shares or interest

Transfer of interest on death of members

Liability of past member and estate of deceased member


MEMBERS OF CO-OPERATIVE SOCIETIES AND THEIR RIGHTS AND LIABILITIES


(1) Notwithstanding anything contained in clause (d) of
section 20, a co-operative society may admit any person as a nominal or associate member in accordance
with its bye-laws.

(2) A nominal or associate member shall not be entitled to any share in any form whatsoever, in the
assets or profits of the co-operative society.

(3) Save as provided in this section, a nominal or associate member shall have such privileges and
rights of a member and be subject to such liabilities of a member, as may be specified in the bye-laws of
the society.

LAWGIST

# 21 Nominal or associate members