State Act
49
Section 49. Restrictions on amount of dividend
THE UTTAR PRADESH CO-OPERATIVE SOCIETIES ACT, 1965
In forceUttar Pradesh (State Act)
49. Restrictions on amount of dividend An apex society which has purchased shares in other cooperative societies from the moneys in the Principal State Partnership Fund and a central society which has purchased shares in primary societies from the moneys in the Subsidiary State Partnership Fund shall be entitled only to such dividend on the said shares as if declared by the society concerned and is payable to other share-holders of that society.