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 '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 share holders of that Society.
Section 47: Restriction on amount of dividend
The Odisha Co-Operative Societies Act, 1962State Act of Odisha · Act 2 of 1963
Where this provision sits
| Act | The Odisha Co-Operative Societies Act, 1962 |
|---|---|
| Section | 47 |
| Marginal note | Restriction on amount of dividend |
| Jurisdiction | State of Odisha |
| Status | In force as published by the source |
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