Bare ActsThe ARUNACHAL PRADESH COOPERATIVE SOCIETIES ACT

Section 71

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A society shall invest or deposit its funds in one or more of the following :- (a) In theArunachal Pradesh State Co-operativeApex 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 Regis- trar, 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 COOPERATIVE SOCIETIES ACT | DailyLaw.ai