A registered co-operative society may receive deposits and may borrow from its members, financial institutions and from persons who are not members to such extent and on such conditions as may be prescribed in the Rules and bye-laws subject to approval of the Registrar.
Section 41: Borrowing subject to approval of the Registrar.
The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015)State Act of Meghalaya · Act 11 of 2015
Where this provision sits
| Act | The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015) |
|---|---|
| Section | 41 |
| Marginal note | Borrowing subject to approval of the Registrar. |
| Jurisdiction | State of Meghalaya |
| Status | In force as published by the source |
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