Section - 5 - Multi-State Co-Operative Societies Act, 2002

Section - 5 - Multi-State co-operative societies which may be registered

Multi-State co-operative societies which may be registered

5. (1) No multi-State co-operative society shall be registered under this Act, unless,-

(a)	-	its main objects are to serve the interests of members in more than one State; and
(b)	-	its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles.

(2) The word "limited" or its equivalent in any Indian language shall be suffixed to the name of every multi-State co-operative society registered under this Act with limited liability.

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