section 27
Member not to exercise rights till due payment made
The Bihar Cooperative Societies Act, 1935Corporate1935136 sections12 chapters
Chapter IV Chapter IV
Statutory text
Rights and Liabilities of Members of Registered Societies
Member not to exercise rights till due payment made. – No member of a registered society shall exercise the rights of a member unless or until he has made such payment to the society in respect of membership as may be prescribed by the rules of bye-laws: Provided that notwithstanding any thing contained in any provisions of this Act, the member of a registered Society shall exercise the right to vote at the election of members of the managing committee of society only after acquiring such interest in the society, as may be prescribed by the rules of bye-laws.]
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