State Act
Section 53. Principal State Partnership Fund.
THE ARUNACHAL PRADESH COOPERATIVE SOCIETIES ACT
53. (1) An Apex Society which is provided with moneys as aforesaid shall, with such moneys establish a Fund to be called the “Principal State Partnership Fund”. (2) An Apex Society shall utilize the Principal State Partnership Fund for the purpose of – (a) directly purchasing shares in other societies with limited liability (b) providing moneys to a society to enable that society (hereinafter in this referred to as a Central Society to purchase share in other societies with limited liability (the later societies being hereinafter in this Chapter referred to as Primary Societies) : (c) Making payments to the Central Government in accordance with the provisions of this Chapter and for no other purpose.