Section 21
Nominal or associate members.
The Delhi Co-operative Societies Act, 1972
About this Act
An Act to consolidate and amend the law relating to co-operative societies in the Union territory of Delhi.
(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.
(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.