Section 3rd in The Orissa Self-Help Co-operatives Act, 2001
3rd. Principles : Member Economic Participation
Members contribute to, and democratically control the capital of their Co-operative. At least part of that capital is usually the common property of the Co-operative. Members usually receive limited compensation, if any, on capital subscribed to as a condition of membership. Members allocate surpluses for any of the following purposes; developing their Co-operative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the Co-operative and supporting other activities approved by the membership.
