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State of Sikkim - Section

Section 87 in Sikkim Co-Operative Societies Act, 1978

87. Registration of State Co-operative Bank.

- Notwithstanding anything contained in this Act, a society shall not be registered as the State Co-operative Bank unless the application for registration thereof is signed by at least 10 persons of whom one shall be the Government and the rest shall consist of not less than 5 societies.