State Act
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Section 5. Registration with limited or unlimited liability.
THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.
Act no. 11 of 19591959In forceKarnataka (State Act)
5. Registration with limited or unlimited liability.- (1) A co-operative society may be registered with or without limited liability: Provided that the liability of a co-operative society of which any member is a co-operative society, shall be limited. (2) The word ‘limited’ or its equivalent in any Indian language shall be the last word in the name of a co-operative society registered under this Act with limited liability.