Section 17 in The Assam State Co-operative Agriculture and Rural Development Bank Limited
17. Share certificates.
- A share Certificate bearing the distinctive serial number of the share or blocks of share shall be issued under the common seal of the Bank for every share, or block of shares subscribed to by the member. Such Certificate shall be signed by the Chairman or Vice-Chairman and the Chief Executive Director of the Bank. If such certificates are lost, defaced or worn out, they may be renewed on payment of a fee one rupee each and on such terms and conditions as to the evidence of identity as the Board may require.
