The loan ■ advanced by a registered society to a member thereof shall be utilised by him for 1 the purpose for which it was advanced and for no other purpose. The society j shall have power to recover the advance as prescribed if the member does not so | utilise it.
Section 19: Loan to be utilised for the purpose for which advanced
The Assam Co-operative Societies Act, 1949State Act of Assam · Act 1 of 1950
Where this provision sits
| Act | The Assam Co-operative Societies Act, 1949 |
|---|---|
| Section | 19 |
| Marginal note | Loan to be utilised for the purpose for which advanced |
| Jurisdiction | State of Assam |
| Status | In force as published by the source |
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