A multi state cooperative society is signed up from the center i.e. Delhi. The co-agent social orders, with articles not kept to one state and serving the hobbies of parts in more than one state for monetary and social improvement of its parts through self improvement and typical aid as per the co-agent standards are acknowledged as Multi State Cooperative Societies.
Kinds of multi state cooperative societies and requirements: -
A multi state cooperative society is of different types- Credit, Housing, Farming, Transportation, Hospital, Sugar, Stores, Fishery, Hand loom, Labor, Customer and Multi Purpose Co-operative Society. The standard formalities for forming this society is to organize at least 50 members from 2 states each. There can be even more than 50 members too however each extra state requires a minimum of 50 members from that state. Trust Registration These first fifty members are average members who have voting right and to whom shares are allocated. The second classification of members are nominal members to whom shares are not allocated, who do not have ballot right and who never participate in any of the general body meetings.