State Act
59
Section 59. Investment of funds
THE UTTARAKHAND CO-OPERATIVE SOCIETIES ACT, 2003
Act no. 5 of 20032003In forceUttarakhand (State Act)
59. Subject to the provisions of the rules, a co-operative society may invest or deposit its funds— (a) in any of the securities specified in section 20 of the Indian Trust Act, 1882 (Act II of 1882); (b) in the shares or debentures of any other co-operative society; (c) with any bank approved for this purpose by the Registrar; or (d) in any other mode permitted by the rules, or by general or special order of the State Government which will have the effect of Rules.