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Section 22 – The Delhi Co-Operative Societies Act,1972

The Delhi Co-Operative Societies Act,1972

22. Nominal or associate members.-

(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.

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.

Save as provided in this section, a nominal or associate member shall have privilege and rights to a member and be subject to such liabilities of a member, as may be specified in the bye-laws of the society.

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The Delhi Co-Opearative Societies Act,1972

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