Board composition and conflict rules require elected directors, reserved representation, limited co-option, and barred interested directors from voting. A multi State co operative society must have an elected board whose size and composition are governed by the Act and bye laws, including reserved representation and the ability to co opt up to two expert members who cannot vote for or be office bearers. Functional directors sit on the board but are excluded from the statutory headcount. Directors must not discuss or vote on contracts where they or their relatives have a direct or indirect interest; relatives of sitting directors cannot be employed, including as Chief Executive. Violation results in disqualification and deemed vacation of office and voids the affected proceedings.