Bare ActsThe KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

Section 98J

Freedom of investment and deposit

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

Freedom of investment and deposit.- A co-operative Society under the Co-operative Credit Structure may, subject to the guidelines of the Reserve Bank, if any, invest or deposit its funds in any Bank or financial institution regulated by the Reserve Bank and not necessarily in the federal society to which it is affiliated.

Section 98J – The KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959. | DailyLaw.ai