Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 26] [Entire Act]

State of Tamilnadu - Subsection

Section 26(1) in Tamil Nadu Co-operative Societies Rules, 1988

(1)
(a)Subject to the provisions of sub-rule (2), persons who are minors or of unsound mind may be admitted as members in the following societies, namely:-
(i)agricultural producers marketing societies;
(ii)consumer societies;
(iii)credit societies other than financing banks and employees credit societies;
(iv)dairy societies;
(v)farming societies;
(vi)fisheries societies;
(vii)industrial societies;
(viii)irrigation societies;
(ix)oil-seeds growers societies;
(x)processing societies; and
(xi)weavers societies.
(b)The admission of any person who is a minor or of unsound mind as a member of any class of societies specified in clause (a) and his transactions with the society shall be only through his guardian.
(c)A person who is-a minor or of unsound mind admitted through his guardian as a member of any class of societies specified in clause (a) shall be liable to all the obligations of a member and shall be eligible to enjoy all the rights of a member except the right of vote in the general meeting or in any election and the right to contest for election to the board and hold office, as a member of the board.