The Bihar Self-Supporting Co-operative Societies (Amendment) Act, 2013
The Bihar Self-Supporting Co-operative Societies (Amendment) Act, 2013
This legislation regulates the governance, audits, and administration of self-supporting cooperative societies in the state of Bihar, India. It applies directly to all primary and apex cooperative societies, their board members, and general members. The law is important because it aligns the state's framework with national constitutional reforms, aiming to make cooperatives more democratic, autonomous, and financially transparent. Key provisions include reserving board seats for women and marginalized communities to enhance social inclusion, defining members' rights to access information, establishing strict rules for independent financial audits, and empowering regulators to address mismanagement when societies default on loans.
- 0. Preamble
- 1. Short title, extent and commencement.
- 2. Amendment in Section-2 of the Bihar Act 2 of 1997.
- 3. Amendment in Section-23 of the Bihar Act 2 of 1997.
- 4. Amendment in Section - 25 of the Bihar Act 2 of 1997.
- 5. Amendment in Section - 26 of the Bihar Act 2 of 1997.
- 6. Sub-section of Section - 28 of the Bihar Act 2 of 1997.
- 7. Amendment in Section - 29 of the Bihar Act 2 of 1997.
- 8. Amendment in Section - 33 of the Bihar Act 2 of 1997.
- 9. Substitution of Section - 35 of the Bihar Act, 2 of 1997.
- 10. Insertion of a new Section - 41A after Section - 41 of the Bihar Act 2 of 1997.
- 11. Substitution of Section - 42 of the Bihar Act 2 of 1997.
PDF: pending for this language.