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Section 62: Conditions for membership participation

Co-operatives Act · PART IX: PROPERTY AND FUNDS OF SOCIETY

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

62. Conditions for membership participation Every society shall, in its rules, set out the conditions for the participation of its members in the capital of the society, including the minimum contribution that each member has to make in the form of— (a) a fixed minimum number of shares; or (b) a number of shares in proportion to the business done by the member with the society. [Issue 10] C49 – 34 Revised Laws of Mauritius

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