Bare ActsThe ARUNACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1978 (Act No. 3 of 1979)

Section 71

A society shall invest or deposit its funds in one or more of the following : a

Amendment status not verified — confirm the current text below against the official source.

A society shall invest or deposit its funds in one or more of the following : a. In the Arunachal Pradesh State Co-operative Apex Bank Limited. b. In any of the securities specified in section 20 of the Indian Trusts Act, 1881; c. In the shares or security bonds or debentures issue by any other society with limited liability; d. In any banking company approved for this purpose by the Registrar, and on such conditions as the Registrar may from time to time impose ; e. In any other mode permitted by the rules, or by general or special order of the Government.

Section 71 – The ARUNACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1978 (Act No. 3 of 1979) | DailyLaw.ai