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[Cites 0, Cited by 0] [Section 2] [Entire Act]

State of Andhra Pradesh - Subsection

Section 2(q) in Andhra Pradesh Co-Operative Societies Act, 1964

(q)'society with limited liability' means a society in which the liability of its members for the debts of the society, in the event of its being wound up, is limited by its bye-laws,-
(i)to the amount, if any, unpaid on the shares held by each of them ; or
(ii)to such amount as they may undertake to contribute to the assets of the society ;