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Section 11 – The State Agricultural Credit Corporations Act,1968

The State Agricultural Credit Corporations Act,1968

Section 11. Term of office of directors other than managing director

(1) A nominated director, other than the managing director , shall hold office during the pleasure of the authority nominating him and the period of such office, unless terminated earlier, shall be two years.

Provided that a nominated director shall be eligible for renomination.

(2) An elected director shall hold office for a period of two years from the date of his election;

Provided that an elected director shall continue in office until the election of his successor.

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The State Agricultural Credit Corporations Act,1968

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