section 24
Nominal, associate and sympathizer member.
The Maharashtra Co-operative Societies Act 1960Corporate1960178 of 165 sections available26 chapters
Chapter III MEMBERS AND THEIR RIGHTS AND LIABILITIES
Statutory text
- (1) Notwithstanding anything contained in section 22, a society may admit any person as a nominal, associate or sympathizer member.
- (2) A nominal member or sympathizer member shall not be entitled to any share in any form whatsoever in the profits or assets of the society as such member. A nominal or sympathizer member shall ordinarily not have any of the privileges and rights of a member, but such a member, or an associate member, may, subject to the provisions of sub-section (8) of section 27, have such privileges and rights and be subject to such liabilities, of a member, as may be specified in the bye-laws of the society.
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