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State of Bihar - Section

Section 44BJ in The Bihar Co-operative Societies Act, 1935

44BJ. Co-option of professionals in Managing Committee of State Co-operative Bank and Central Co-operative Bank.

(1)The Managing Committee of the State Co-operative Bank or a Central Co-operative Bank shall have such number of professionals as members having the professional qualifications or experience as may be stipulated by Reserve Bank of India.
(2)If members with professional qualifications or experience as stipulated by the Reserve Bank are not elected in number specified by the Reserve Bank of India in the Committee of the State Co-operative Bank or Central Cooperative Bank, to the extent of shortfall, such vacancies shall be filled by cooption of such persons in the committee and such co-opted members shall have full voting rights.