An Apex society which has purchased shares in other societies from the moneys in the Principal State Partnership Fund, and a Central society which has purchased shares in Primary societies from the moneys in the Subsidiary State Partnership Fund, shall be entitled only to such dividend on the said shares as is declared by the society concerned and is payable to other shareholders of that society.
Section 56: Restriction on amount of dividend
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 | 56 |
| Marginal note | Restriction on amount of dividend |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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