Section 45 in The M.P. Prakoshtha Swamitva Rules, 1976
45. Funds. -Funds may be raised by the Association in all or any of the following ways, namely :-
(a)by shares;(b)by contributions and donations from the apartment owners;(c)from common profits which shall form the nucleus of the Reserve Fund;(d)by raising loans, if necessary, subject to such terms and conditions as the Association, with the approval of the Competent Authority, may determine in this behalf.
