📜 Official Text

(1) A co-operative society's board has as many directors as state law provides, capped at 21, with mandatory reservation of one seat for SC/ST and two seats for women (where the society has such members). (2) Elected board members and office bearers serve five-year terms; casual vacancies can be filled by nomination from the same member category if less than half the term remains. (3) Up to two additional co-opted members with banking/management/finance expertise can join the board (without voting rights in society elections or eligibility as office bearers); functional directors are also board members but don't count toward the 21-director cap.