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State of Punjab - Section

Section 21 in Punjab Self-Supporting Co-operative Societies Act, 2006

21. Investment of funds.

- A self-supporting co-operative society, may invest or deposit its funds in-
(a)any federal society of which it is a member;
(b)a post office, a District Central Co-operative Bank Limited, the Punjab State Co-operative Bank Limited or any Scheduled Bank;
(c)the equity of other self-supporting co-operative society; or
(d)any of the securities specified in section 20 of the Indian Trust Act, 1882.