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State of Uttar Pradesh - Section

Section 311 in The U.P. Co-operative Societies Rules, 1968

311.

Bonus payable to a member of a co-operative farming society under Rule 162 may be paid in cash or in kind or partly in cash and partly in kind and may be in lump-sum or in instalment and where a member is indebted to the society, it may be adjusted towards the amount due from him.