Section 37(2) in The Arunachal Pradesh Co-operative Societies Rules, 1984
(2)Any society, which is authorised under its bye-laws or raise funds, by the issue of debentures and bonus, may, with the prior sanction of the Registrar, frame regulations regarding the maximum amount to be raised by the issue of debentures and bonds, the class or classes of debentures or/and bonds, the face value of each debenture or bond, the date on which the debentures or bonds are to be redeemed, the rates at which interest is payable, the terms and conditions regarding transfer of debentures and bonds and other incidental matters.
