Section 38 in The Assam Co-operative Societies Rules, 1953
38. Duties of Executive Officer.
- Unless otherwise directed by the administrative council or the managing body, as the case may be, the Executive Officer shall perform the following duties, namely :(i)receive all money on behalf of the society and issue receipts ;(ii)pay all costs of management and working expenses out of the funds of the society, e.g., salaries of the staff, travelling and other contingent expenses necessary for the work of the society ;(iii)deposits all money received on behalf of the society as well as securities and other effects as prescribed under Rule 35 ;(iv)maintain regular and accurate accounts ;(v)maintain records in prescribed form ;(vi)convene meetings of the administrative council or the managing body as may be necessary from time to time ;(vii)submit such statements as required by the administrative council or the managing body.
