Nominal or associate member of society.
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....te member: Provided that no such nominal or associate member shall ^1[****] have any interest in the management thereof including right to vote, elect as a director of the board or participate in the general body meetings. ^2[Provided further that nominal or associate member can be issued non-voting shares which may not confer any interest in the management of the multi-State co-operative so....
TaxTMI