State Act
18
Section 18. Nominal or associate members.
THE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989
In forceJammu and Kashmir (State Act)
18. Nominal or associate members. (1) A Co-operative Society may admit any person as nominal or associate member in accordance with its byelaws. (2) A nominal member shall not be entitled to any share, in any form whatsoever, in the assets or profit of the Society. (3) Save as provided in this section a nominal or associate member shall have such privileges and rights of a member and be subject to such liabilities of a member as may be specified in the bye-laws of the Society.