State Act
37
Section 37. Mobilization of funds
UTTARAKHAND SELF RELIANT CO-OPERATIVES ACT, 2003
Act no. 04 of 20032003In forceUttarakhand (State Act)
37. (1) A Co-operative may mobilize funds including equity capital, deposits, grants, and loans from its members in such form, to such extent and under such conditions as may be specified in the articles of association. (2) A co-operative may raise funds and other forms of financial support including guarantee but excluding share capital from non-members including individuals, banks, other financial and non-financial institutions and the Government, on mutually agreed terms, to such extent and subject to such conditions as may be specified in the articles of association.