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Section 18: Member of unlimited society to furnish information as to his financial ■position

The Assam Co-operative Societies Act, 1949State Act of Assam · Act 1 of 1950

(1) A full, true and accurate statement of his assets including his immo- ■vable property and liabilities shall be furnished—

(a) by an applicant for membership of a registered society with unlimited ■liability, together with his application,

(b) by a member of a registered society with unlimited liability when ■required to do so by the Registrar or any person authorised by him in this behalf ■or by the affiliating society.

■ (2) No member of a registered society with unlimited liability shall be a ■member of more than one such society.

■ (3) A member of a registered society with unlimited liability shall furnish to ■the society full, true and accurate information regarding his intention to transfer ■his immovable property, in whole or in part by way of sale, mortgage or gift at least ■fifteen days before completion of each such transaction.

Where this provision sits

ActThe Assam Co-operative Societies Act, 1949
Section18
Marginal noteMember of unlimited society to furnish information as to his financial ■position
JurisdictionState of Assam
StatusIn force as published by the source

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