The State Government may, under appropriation made by law, provide moneys to a society for the purchase directly or indirectly, of shares in other societies with limited liability. (A society to which money are so provided for the aforesaid purpose is hereinafter in this Chapter referred to as an “Apex society.”)
Section 51: Indirect partnership of State Government in societies
The Maharashtra Co-operative Societies Act, 1960State Act of Maharashtra · Act 24 of 1961
Where this provision sits
| Act | The Maharashtra Co-operative Societies Act, 1960 |
|---|---|
| Section | 51 |
| Marginal note | Indirect partnership of State Government in societies |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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