State Act

25

Section 25. Voting rights of members.

THE JAMMU AND KASHMIR SELF-RELIANT COOPERATIVES ACT, 1999

In forceJammu and Kashmir (State Act)

25. Voting rights of members. In primary cooperatives, members shall have equal voting rights (one member, one vote), and secondary cooperatives, too, shall be organized in a democratic manner : Provided that a person must have been a member for at least one full financial year, before being eligible to vote : Provided that the condition of one year membership shall not apply to the members who join at registration or at any time after the registration of a cooperative but before the first financial year ending : Provided further that the articles of association of a secondary cooperative may fix an upper limit on the number of votes that a member cooperative can have.