State Act

45

Section 45. Approval of State Government for purchase of shares.

THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

Act no. 11 of 19591959In forceKarnataka (State Act)

45. Approval of State Government for purchase of shares.- No shares shall be purchased in a co-operative society from the moneys in the ‘Principal State Partnership Fund’ or the ‘Subsidiary State Partnership Fund,’ except with the previous approval in writing of the State Government.