Bare ActsThe Meghalaya Credit Operation and Miscellaneous Provisions Act, 1976 (Act 10 of 1976)

Section 14

Power of Co-operative Societies to borrow from banks.

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

Notwithstanding anything contained in the Meghalaya Co-operative Societies’ Act (Assam Act I of 1950 as adapted by Meghalaya), it shall be lawful for any Co-operative Society to borrow from a bank.

Section 14 – The Meghalaya Credit Operation and Miscellaneous Provisions Act, 1976 (Act 10 of 1976) | DailyLaw.ai