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[Cites 0, Cited by 0] [Section 134C] [Entire Act]

State of West Bengal - Subsection

Section 134C(1) in West Bengal Co-operative Societies Act, 2006

(1)The following provisions shall apply to the Co-operative Credit Structure Entities :-
(a)a depositor holding a minimum deposit of rupees five thousand or such minimum sum as may be specified by the Government for a continuous period of minimum two years in the Primary Agricultural Credit Co-operative Society preceding the date of notification of election in a Primary Agricultural Credit Co-operative Society, shall become a member of the society under sub-section (1) of section 63 by subscribing at least the minimum share capital specified in the by-laws and shall have full voting rights;
(b)an individual or group borrower shall have the right to become a member of a Primary Agricultural Credit Co-operative Society or Primary Co-operative Agricultural and Rural Development Bank under sub-section (1) of section 63.