Amendment status not verified — confirm the current text below against the official source.
(1) A society may admit any individual as a nominal or associate member. [x x x x] [x x x x] [Provided [x x x x] that a Hospital Cooperative Society may admit any other society as nominal or associate member. Explanation.-- The term 'Hospital Cooperative Society' shall have the same meaning as in the Explanation to the fourth proviso to sub-section (1) of S.16] 33AA[x x x x] 33AB[x x x x] (2) Nominal or associate member shall not be entitled to any share, in any form whatsoever, in the assets or profits of the society or to be elected to the committee of a society. 33AC[(3) Save as provided in this section, a nominal or associate member shall have such privileges and rights of a member and be eligible to enjoy various services including credit facilities provided by the societies and be subject to such liabilities of a member, as may be specified in the bye-laws of the society.] Omitted by Act 13 of 2012. Omitted by Act 13 of 2012. Inserted by Act 1 of 2000 w.e.f 1-1-2000. Omitted by Act 3 of 2002 w.e.f 4-5-[ The Amendment Act is constitutionally valid. Alapuzha Dist Co-op: Bank Ltd. v. State of Kerala 2003 (1) KLT 297] Omitted by Act 1 of 2019. Omitted by Act 1 of 2019. Substituted by Act 9 of 2024 published in K.G.Ext. No.1829 dt. 07/06/2024 (w.e.f. 07/06/2024). Prior to the Substitution it read as "(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."