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[Cites 0, Cited by 0] [Section 114] [Entire Act]

State of Assam - Subsection

Section 114(3) in Assam Co-Operative Societies Act, 2007

(3)For the purpose of this section a member of an affiliated society shall be deemed to be a member of the affiliating society and loans due to the affiliated society shall be deemed also to be loan due to affiliating society to the extent that loans from the affiliating society to the affiliated society are outstanding and cannot be recovered from the affiliated society provided that not more than one demand= Motto may be executed against a single loan.