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[Cites 0, Cited by 0] [Section 3] [Entire Act]

State of Andhra Pradesh - Subsection

Section 3(d) in Andhra Pradesh Mutually Aided Co-Operative Societies Act, 1995

(d)the economic results, arising out of the operations of a Co-operative Society belong to the members of that Co-operative Society and shall be distributed in such a manner as would avoid one member gaining at the expense of others, which shall be achieved ;
(i)by provision for development of the business of the Co-operative Society ;
(ii)by provision of common services ; or
(iii)by distribution among the members in proportion to their transactions with the Co-operative Society ;