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State of Assam - Section

Section 53 in The Assam State Co-operative Agriculture and Rural Development Bank Limited

53.

The Executive Committee shall be competent to form Branch Committee for control and administration of the separate Branches of the Bank. Such Branch Committee shall consist of not more than five members including (1) Asstt. Registrar of Co-operative Societies of the Sub-Division (2) Branch Manager of the Branch (3) Branch Manager of Apex Bank Ltd. and (4) Two individual members of the Bank enrolled as such through the Branch. The Branch Committee shall elect a Chairman who will preside over all meetings of the Branch Committee. Three members shall form a quorum and decision shall valid if assented to by simple majority of members present.