Multi-State Co-Operative Societies Act, 2002
Section - 64 - Investment of funds
Investment of funds.64. A multi-State co-operative society may invest or deposit its funds-
| (a) | - | in a co-operative bank, State co-operative bank, co-operative land development bank or Central co-operative bank; or |
| [(b) | - | in any of the securities issued by the Central Government, State Government, Government Corporations, Government Companies, Authorities, Public Sector Undertakings or any other securities ensured by Government guarantees;] |
| (c) | - | in the shares or securities of any other multi-State co-operative society or any co-operative society; or |
| (d) | - | in the shares, securities or assets of a subsidiary institution or any other institution [in the same line of business as the multi-State co-operative society]; or |
Google Play store
|
CAclubindia
