What are the provisions that can be made by the Legislature of a State related to co-operative societies?
The provisions that can be made by the Legislature of a State related to co-operative societies include incorporation, regulation and winding up of co-operative societies based on the principles of voluntary formation, democratic member-control, member-economic participation and autonomous functioning. The number and term of members of the board and its office bearers can also be provided by the Legislature of a State, including reservation of seats for certain groups and determining the maximum number of directors in a co-operative society.