Section 120 in West Bengal Co-operative Societies Rules, 2011
120. Utilization of Bad Debt Fund.
A Co-operative society may, subject to the provisions of section 81 invest or deposit the bad debt fund(a)with the West Bengal State Co-operative Bank Limited;(b)with any Central Co-operative Bank operating in the area of the society within which its registered office lies or situated;(c)in any Government Savings Bank;(d)in any other manner permitted by the Registrar.
