Section 30:
Restrictions on borrowing.
A registered society shall receive deposits and loans from persons
who are not members only to such extent and under such conditions as may be prescribed by the rules or
by-laws.
Act Number: 2
Act Name: The Co-operative Societies Act, 1912
Year: 1912
Enactment Date: 1912-03-01
Long Title: An Act to amend the law relating to Co-operative Societies.
Ministry: Ministry of Agriculture and Farmers Welfare
Department: Department of Agriculture, Cooperation and Farmers Welfare