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[Cites 0, Cited by 0] [Section 124] [Entire Act]

State of Mizoram - Subsection

Section 124(2) in Mizoram Cooperative Societies Act, 2006

(2)The state government. with or without the contribution made by central government may, contribute a one time lump sum contribution to the 'credit equalization fund' as referred under sub-section (1) of such co-operative banks whose Financial conditions are precarious, hence in need of government contribution at such rate as may e determined by the government.