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Section 98K: Freedom of borrowings

Karnataka Co-Operative Societies (Amendment) Ordinance, 2009State Ordinance of Karnataka · No. 11 of 1959

A co-operative society under Co-operative Credit Structure may obtain loans from any Bank or financial institution regulated by the Reserve Bank and refinance from National Bank or any other financial institution directly or through any Reserve Bank regulated financial institutions and not necessarily from the federal society to which it is affiliated.

Where this provision sits

ActKarnataka Co-Operative Societies (Amendment) Ordinance, 2009
Section98K
Marginal noteFreedom of borrowings
JurisdictionState of Karnataka
StatusIn force as published by the source

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