State Act

22

Section 22. Restriction on collection of deposits from non-members.

THE KARNATAKA SOUHARDA SAHAKARI ACT, 1997

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

1[22. Restriction on collection of deposits from non-members.- No cooperative except those have obtained license from Reserve Bank of India to do banking business, can collect deposits either from any non-members or nominal members]1