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[Cites 0, Cited by 0] [Section 61] [Entire Act]

State of Uttarakhand - Subsection

Section 61(1) in Uttarakhand Co-Operative Societies Act, 2003

(1)A co-operative society shall advance loans to its members, it will also advance loans to its employees under a scheme approved by the Registrar:Provided that with the general or special sanction of the Registrar a co-operative society may make loans to another co-operative society.