Amendment status not verified — confirm the current text below against the official source.
Finances: a) The financial year which the Co-operative Society wishes to adopt; b) The manner of ppointment of Auditors and their duties; c) The manner of appointment of Internal Auditors and their duties; d) The nature and amount of equity capital if any, of the Co-operative Society; e) The maximum capital which a single member can hold; f) The types and extent to funds to be raised; G) The purposes for which the funds raised by the Co-operative Society may be applied; h) The debt-equity ratio that the Co-operative Society wishes to maintain at all times,and the maximum external debt that a Co-operative Society wishes to permit itself at any point of time; i) Procedure fortransfer of shares or interest by a member; j) Procedure for redemption of shares by the Co-operative; 642 k) Procedure for transfer or repayment of interest on death of member; I) The nature and extent of the liability of the members for the debts contracted by the Co-operative Society; m) The nature and extent of the liability of the Directors for the debts contracted by the Co-operative Society; n) The manner of disposal offunds if under liquidation.