State Act

THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

16. Persons who may become members.- 1[(1) Subject to the provisions of section 17, no person shall be admitted as a member of a co-operative society except the following, namely:— 1[(a) an individual who needs the services of such co-operative society 2[and is residing in the area of the operation of the society]2 and is competent to enter into contract under the Contract Act, 1872(Central Act IX of 1872)] 1 1[(a-1) a depositor]1 (b) any other co-operative society; (c) the state Government or the Central Government; (d) the Life Insurance Corporation of India, State Warehousing Corporation and such other institutions as may be approved by the State Government; (e) a firm, a company or any other body corporate constituted under any law for the time being in force including a society registered under the Karnataka Societies Registration Act, 1960 (Karnataka Act 17 of 1960); (f) a Market *board* established under the Karnataka Agricultural Produce Marketing (Regulation) Act, 1966 (Karnataka Act 27 of 1966); (g) a local authority. Explanation.—For the purpose of this clause, local authority means, a Municipal Corporation, Municipal Council, Town Panchayat, Zilla Panchayat, Taluk Panchayat or Grama Panchayat constituted under any law for the time being in force.]1 1[(2) No co-operative society shall, without sufficient cause, refuse admission to membership to any person duly qualified therefor under the provisions of this 2[Act, rules and bye-laws]2 . (3) Any person seeking admission as a member of any co-operative society shall make an application in writing for admission as a member of such society. (4) Every co-operative society shall within 2[two months]2 from the date on which application for admission was delivered to such society either admit or refuse to admit any such person as a member, and shall send a written communication of such admission or refusal to the applicant before the said period. If no communication of admission as a member is received by the applicant before the expiry of the said period, his application for admission 3[shall be deemed to have been accepted]3 by the co-operative society on the last day of the said period for purposes of section 105A.]1 2[ 1[(5)XXX (6)XXX (7)XXX]1 ]2 1[(8) Notwithstanding anything contained in this section and section 17, the State Government shall be deemed to have been admitted as a member of a co-operative society on the day it subscribes to the share capital of such co-operative Society.]1