A registered society may receive deposits and may borrow from its members and from persons who are not members to such extent and on such conditions as may be prescribed in the Act and bye-laws.
Section 42: Restrictions on borrowing
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 | 42 |
| Marginal note | Restrictions on borrowing |
| Jurisdiction | State of Assam |
| Status | In force as published by the source |
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