State Act
98G
Section 98G. Restriction on number of Government Nominees.
THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.
Act no. 11 of 19591959In forceKarnataka (State Act)
98G. Restriction on number of Government Nominees.- (1) Where the Government has subscribed to share capital, there shall be only one nominee of the State Government in the *board* of the State Cooperative Bank or a Central Cooperative Bank or the State Agriculture and Rural Development Bank or a Agriculture and Rural Development Bank. (2) There shall be no nominee of the State Government in the *board* of a primary agricultural credit cooperative society irrespective of whether the State Government has subscribed to the share capital of such society or not.