A co-operative Society under the Co-operative Credit Structure may, subject to the guidelines of the Reserve Bank, if any, invest or deposit its funds in any Bank or financial institution regulated by the Reserve Bank and not necessarily in the federal society to which it is affiliated.
Section 98J: Freedom of investment and deposit
Karnataka Co-Operative Societies (Amendment) Ordinance, 2009State Ordinance of Karnataka · No. 11 of 1959
Where this provision sits
| Act | Karnataka Co-Operative Societies (Amendment) Ordinance, 2009 |
|---|---|
| Section | 98J |
| Marginal note | Freedom of investment and deposit |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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