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[Cites 0, Cited by 0] [Section 71A] [Entire Act]

State of Karnataka - Subsection

Section 71A(2) in Karnataka Co-Operative Societies Act, 1959

(2)Where a financing bank has obtained a decree or decision against a co-operative society in respect of money due to it from the co-operative society, the financing bank may proceed to recover such moneys, first, from the assets of the co-operative society and, secondly, from the members of such co-operative society to the extent of their debts to the society.]