Amendment status not verified — confirm the current text below against the official source.
No part of the funds, other than the net profits of a society, shall be paid by way of bonus or dividend, or otherwise distributed among its members ; Principal or Subsidiary State Partner- ship Fund not to form part of assets. Agreement by Central Government and Apex Spociety. Other form of State aid to societies. Provisions of this Chapter to over-ride other laws. Fund not to be divided. APCS ACT 1978 28 Provided that a member may be paid remuneration on such scale as may be laid down by the bye-laws for any services rendered by him to the society.