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of <h1>Multi-State Co-Op Society Board Powers Expanded: Membership, Leadership, Budgets, Loans, and Employee Recruitment Procedures Updated.</h1> The board of a multi-state co-operative society under the Multi-State Co-Operative Societies Act, 2002, is empowered to perform necessary functions to fulfill its objectives. These powers include admitting members, electing leadership, interpreting objectives, appraising operations, and managing personnel. The board can regulate employee appointments, present annual reports and budgets, handle audits, manage property transactions, review memberships, approve budgets, raise funds, and sanction loans. Additionally, it can take prescribed actions as required by the Act or delegated by the general body. Recent amendments in 2023 have further defined procedures for employee recruitment and leadership elections.
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