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    <title>Nominal or associate member of society.</title>
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    <description>A multi State co operative society may admit persons as nominal or associate members if its bye laws so provide; such members have no management interest, including no right to vote, be elected as directors, or participate in general body meetings. Nominal or associate members may be issued non voting shares, which likewise confer no management or voting rights or board election or general meeting participation; issuance by a multi State co operative bank must follow applicable regulatory instructions.</description>
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