Section 40: Deployment of funds.

The Jammu and Kashmir Self-Reliant Cooperatives Act, 1999Union territory Act of Jammu and Kashmir · Act 10 of 1999

(1) The funds mobilized by a cooperative shall be primarily for the furtherance of its objectives.

(2) Such of its funds as are not needed for use in its business, a cooperative may invest or deposit, outside its business, in any non-speculative manner.

Where this provision sits

Act	The Jammu and Kashmir Self-Reliant Cooperatives Act, 1999
Section	40
Marginal note	Deployment of funds.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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