State Act

17A

Section 17A. Restrictions on holding shares.

THE KARNATAKA SOUHARDA SAHAKARI ACT, 1997

Act no. 17 of 20001997In forceKarnataka (State Act)

1[17A. Restrictions on holding shares.– In any Co-operative, no member shall hold more than such portion of the total share capital of the Co-operative exceeding five percent thereof as may be prescribed.]1