Section 8: Registration with limited or unlimited liability.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) A Co-operative Society may subject to the provisions of sub-section (2) be registered with or without limited liability.

(2) Unless the Government by general or special order otherwise directs :—

(a) a Co-operative Society shall be registered with limited liability if any of its members is another Co-operative Society ;

(b) whether the liability of the members of a Co-operative Society is unlimited or limited by shares, the liability of the Government which has taken shares in Co-operative Society shall be limited to the share capital subscribed by the Government.

(3) The word ‘limited’ shall be the last word in the name of every Society with limited liability registered under this Act.

Where this provision sits

Act	The Jammu and Kashmir Co-Operative Societies Act, 1989
Section	8
Marginal note	Registration with limited or unlimited liability.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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