Section 68
Restriction on other transactions with non-members.
The Multi-State Co-operative Societies Act, 2002
About this Act
An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operative s as peoples institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy and for matters connected therewith or incidental thereto.
Save as provided in sections 66 and
67, the transaction of a multi-State co-operative society with any person other than a member, shall be
subject to such prohibitions and restrictions, if any, as may be specified in the bye-laws.