Eligibility for membership in a Co-operative

General200162 sections8 chapters

Chapter 3 MEMBERSHIP

Statutory text

(1) Any person who needs the services of a Co-operative, expresses willingness to accept the responsibilities of membership, meets such other conditions as may be specified in the articles of association of the Co-operative, is in a position to use the services, and is competent to contract under the Indian Contract Act, 1872, may be admitted as a member, subject to the condition that the Co-operative is in a position to extend its services to such person.
(2) Every applicant for membership, and every member of a Co-operative must keep each Co-operative of which the applicant is a member, informed or membership in other Co-operatives, and a Co-operative may refuse admission or remove from membership on grounds, among others, of dual or conflicting membership, in other Co-operatives having similar business.

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