State Agricultural Credit Corporations Act, 1968 Section 11 - Bare Act |
State | Central Government |
Year | 1968 |
Section Title | Term of Office of Directors Other Than Managing Director |
(1) A nominated director, other than the managing director , shall hold office during the pleasure of the authority nominating him and the period of such office, unless terminated earlier, shall be two years.
Provided that a nominated director shall be eligible for renomination.
(2) An elected director shall hold office for a period of two years from the date of his election;
Provided that an elected director shall continue in office until the election of his successor.