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[Cites 0, Cited by 0] [Section 15] [Entire Act]

State of Rajasthan - Subsection

Section 15(1) in Rajasthan Co-operative Societies Act, 2001

(1)The following may be admitted as members of a co-operative society, namely:
(a)Any citizen of India, who
(i)has attained age of 18 years;
(ii)is of sound mind;
(iii)is not disqualified from contracting by any law for the time being in force and applicable to him;
(iv)is desirous to utilize the services of the society; and
(v)is ready to accept the responsibilities and liability associated with such memberships;
(b)any other co-operative society;
(c)the State Government; or
(d)any other person, body or local authority, as may be prescribed:
Provided that an individual shall not be eligible to the membership of a financing bank other than a Land Development Bank or such class of co-operative society as may be prescribed in this behalf:Provided further that in a society exclusively formed for the benefit of students of a school or a college, the condition regarding the age shall not apply:Provided also that the bye-laws of a society, which is exclusively formed for the benefit of women, may restrict the membership of male individuals.