Q26
A member of a co-operative society can leave the society by _________.
A.
transferring his share to another person without anybodys consent
B.
transferring his share to another person with the consent of the managing committee
C.
transferring his share to a fellow number
D.
withdrawing his capital from the society
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
A member of a co-operative society can leave the society by withdrawing his capital from the society. Member who wants to quit the society has to return his shares back in order to get his money back.