DCOS Act 21Chapter III · Members of Co-Operative Societies and their Rights and Liabilities
Section 21 · Nominal or associate members
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(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.Your private note on this section
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