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[Cites 0, Cited by 1] [Section 21B] [Entire Act]

State of Karnataka - Subsection

Section 21B(1) in The Karnataka Souharda Sahakari Act, 1997

(1)A Co-operative may admit,-
(a)any individual; or
(b)any firm, company, Co-operative society or any body or corporation constituted by or under any law for the time being inforce
- as an associate member for a specific purpose as specified in its byelaws;[Provided that other than employees co-operatives number of associate members shall not exceed fifteen percent of the total members.]