Bare ActsThe UTTAR PRADESH CO-OPERATIVE SOCIETIES ACT, 1965

Section 52

Disposal of Principal State Partnership Fund and Subsidiary State Partnership Fund on winding up of an apex or a central society

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

(1) If an apex society which has established a Principal to the Partnership Fung is wound up or is dissolved, all moneys to the credit of, or payable to, that Fund shall be paid to the State Government. (2) If a central society which has established a Subsidiary State Partnership Fund is wound up or is dissolved, all moneys to the credit of, or payable, to, that Fund shall be paid and credited to the Principal State Partnership Fund from which it received moneys under clause (b) of sub-section (2) of section 45.

Section 52 – The UTTAR PRADESH CO-OPERATIVE SOCIETIES ACT, 1965 | DailyLaw.ai