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Section 5: Registration with limited or unlimited liability

The Himachal Pradesh Cooperative Societies Act, 1968State Act of Himachal Pradesh · Act 3 of 1969

(1) A cooperative society may be registered with or without limited liability:

Provided that -

(i) the liability of a co-operative society of which any member is

1. Clause (17) amended vide A.O. 1973 and substituted vide H.P. Act No. 19 of

2006.

2. Sub-section (1) substituted vide H.P. Act No. 19 of 2006.

3. Sub-section (4) inserted vide H.P. Act No. 19 of 2006.

THE HIMACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1968 11 a co-operative society shall be limited; and

(ii) no co-operative society shall be registered as a society with unlimited liability if, amongst its objects, it also includes any object other than the advancement of loans to its members.

(2) The word `limited' or its equivalent in any Indian language shall be the last word in the name of co-operative society registered or deemed to be registered under this Act with limited liability.

Where this provision sits

ActThe Himachal Pradesh Cooperative Societies Act, 1968
Section5
Marginal noteRegistration with limited or unlimited liability
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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