Membership eligibility in multi state cooperative societies requires application, board approval, share purchase, and absence of disqualifications. Admission requires written application in the prescribed form, board approval, purchase and payment for minimum shares as per bye laws, fulfilment of Act, rules and bye laws conditions, and an authorising resolution for government owned applicants; societies must not admit members within thirty days of a general body meeting. Persons under eighteen, insolvents, and certain convicted persons are ineligible and deemed to have ceased membership upon incurring disqualification. Dual membership in societies of the same class is prohibited without Central Registrar permission and may be terminated on the Registrar's requisition.
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Membership eligibility in multi state cooperative societies requires application, board approval, share purchase, and absence of disqualifications.
Admission requires written application in the prescribed form, board approval, purchase and payment for minimum shares as per bye laws, fulfilment of Act, rules and bye laws conditions, and an authorising resolution for government owned applicants; societies must not admit members within thirty days of a general body meeting. Persons under eighteen, insolvents, and certain convicted persons are ineligible and deemed to have ceased membership upon incurring disqualification. Dual membership in societies of the same class is prohibited without Central Registrar permission and may be terminated on the Registrar's requisition.
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