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[Cites 0, Cited by 0] [Section 38] [Entire Act]

State of Andhra Pradesh - Subsection

Section 38(3) in Andhra Pradesh Co-Operative Societies Rules, 1964

(3)No recoupment of the amount invested under this rule shall be necessary where the investment is made,-
(a)By a society from its building fund constituted out of its profits; and
(b)by a society, other than a credit society, in which the share capital raised from the members is intended to build up the special kind of business for which it has been registered.