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[Cites 0, Cited by 0] [Section 49] [Entire Act]

State of Rajasthan - Subsection

Section 49(2) in Rajasthan Co-operative Societies Act, 1965

(2)An apex society shall utilise the "Principal State Partnership Fund" for the purpose of-
(a)directly purchasing shares in other co-operative societies with limited liability;
(b)providing moneys to a co-operative society (hereinafter in this chapter referred to as central society) to enable that society to purchase shares in other co-operative societies with limited liability (hereinafter in this Chapter referred to as primary societies);
(c)making payments to the Government in accordance with the provisions of this Chapter; and for no other purpose.