Bare ActsThe KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

Section 59

Restrictions on borrowings

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

Restrictions on borrowings.- 1 [(1)] 1 A co-operative society shall receive deposits and loans only to such extent and under such conditions 2[XXX] 2 as may be specified in the bye-laws.

Section 59 – The KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959. | DailyLaw.ai