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Section 65: Regulation of loan making policy

The Puducherry Co-Operative Societies Act, 1972Union territory Act of Puducherry · Act 7 of 1973

(1) No society shall make a loan to any person other than a member, or on the security of its own shares, or on the security of any person who is not a member-

Provided that, with the special sanction of the Registrar a registered society may make loans to another registered society:

Provided further that a registered society may make such loans as may be specifie

Where this provision sits

ActThe Puducherry Co-Operative Societies Act, 1972
Section65
Marginal noteRegulation of loan making policy
JurisdictionUnion territory of Puducherry
StatusIn force as published by the source

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