State Act
23A
Section 23A. Opening of branches by a Cooperative in its area of operation.
THE KARNATAKA SOUHARDA SAHAKARI ACT, 1997
Act no. 17 of 20001997In forceKarnataka (State Act)
1[23A - Opening of branches by a Cooperative in its area of operation.-A cooperative may commence branches, sub branches, pay offices or offices called by whatever name in the area of operation for the use of its members only with the prior approval of its general meeting and the federal cooperative. 1[Provided, in case of urban Co-operative Banks, to open a branch where Reserve Bank of India granted permission in such case permission of the souharda federal is not required.]1