Section 15(4) in Jammu and Kashmir Co-Operative Societies Act, 1989
(4)[ A Co-operative Credit Structure Society shall have the freedom of entry and exit at any tier without mandatory restrictions of geographical boundaries for its operation:Provided that freedom shall be availed only after the outstanding amount, if any, existing against its name in the books of Federal Co-operative Society has been liquidated in full.][inserted by Act No. X of 2010, w.e.f. 29.4.2010.]
