Section 11 in M.P. Farmers' Organisation Rules, 1999
11. Accounts/Finance.
(1)The Farmers' Organisation shall open an account in a nationalised bank or co-operative bank namely; the District Co-operative Central Bank or the Madhya Pradesh State Apex Co-operative Bank in its name. The account shall be operated jointly by the President or Chairperson as the case may be and one of the Managing Committee members as nominated by the Managing Committee. The Farmers' Organisation shall maintain the cashbook and accounts of expenditure with appropriate vouchers and receipts.(2)Every' expenditure should be supported by a receipt, or voucher which shall be duly passed for payment by the President.(3)All expenditure has to be approved by the Finance Sub-Committee, at least once a month.(4)Account Registers to be maintained. - Every Farmers' Organisation shall maintain accounts register. Each of the following record shall bear the name, address and the seal of the Farmers' Organisation and shall be machine numbered; namely ;-(a)Cash book;(b)Bill registers;(c)Contingent registers;(d)Receipts books; and(e)Cheque register.
