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[Cites 0, Cited by 0] [Section 74] [Entire Act]

State of Mizoram - Subsection

Section 74(1) in Mizoram Cooperative Societies Act, 2006

(1)A co-operative may mobilize debentures, deposits, raise loans and receive grants from external sources to the extent and conditions as may be specified in the Act, rules and bye-laws. However, the total deposits and loans raised from external sources, shall at no time exceed twenty times of the paid up share capital.