Section 55: Other forms of State-aid to cooperative societies The Uttar Pradesh Co-Operative Societies Act, 1965 State Act of Uttar Pradesh · Act 11 of 1966
Subject to the rules made in this behalf, the State Government may-
(a) give loans or make advances to co-operative societies ;
(b) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society ;
(c) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society ; and
(d) give financial assistance in any other form including subsidies, to a co-operative society.
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