Amendment status not verified — confirm the current text below against the official source.
Investment of funds.—A co-operative society may invest or deposit its funds— (a) in Government Saving Bank ; or (b) in any of the securities specified in section 20 of the Trust Act, Samvat 1977 ; or (c) in the shares or securities of any other co-operative society ; or (d) with any bank or 2[Reserve Bank regulated financial institution of its choice] ; or (e) in any other mode permitted by the rules : 3[Provided that the provisions of clause (e) shall not apply to a Co-operative Credit Structure Society].