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State of Jharkhand - Section

Section 43 in Jharkhand Co-operative Societies Rules, 2008

43. Investment and Deposits.

- Any fund of a registered society, not invested in accordance with section 19 of the Act, and not required for the business of the society shall be kept in deposit with a nationalized commercial bank, the central co-operative Bank of the area of the Jharkhand State Cooperative Bank or in the local Postal Savings Account.