State Act
55
Section 55. Other forms of State aid to co-operative societies
THE UTTARAKHAND CO-OPERATIVE SOCIETIES ACT, 2003
Act no. 5 of 20032003In forceUttarakhand (State Act)
55. Subject to the rules made in this behalf, the State Government may--- (a) give loans or make advances to co-operative societies; (b) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society; (c) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and (d) give financial assistance in any other form including revolving fund (interest free Loan) and subsidies, to a co-operative society.