Bare ActsThe Bihar Co-operative Societies Act, 1935

Section 29

Restriction on holding of members

Amendment status not verified — confirm the current text below against the official source.

Restriction on holding of members. - No member of a registered society [other than the State Government or another registered society, shall have or claim any interest in the capital of a registered society exceeding one-fifth of the total capital or such smaller proportion as may be prescribed by the rules.]

Section 29 – The Bihar Co-operative Societies Act, 1935 | DailyLaw.ai