section 20
Contribution to charitable purpose
The Bihar Cooperative Societies Act, 1935Corporate1935136 sections12 chapters
Chapter III Chapter III
Statutory text
Contribution to charitable purpose. – Any registered society may, after the amount required by sub-section
- (1) of section 18 or by any rule has been carried to the reserve fund, contribute an amount not exceeding ten percent of the net profits to any charitable purpose, as defined in section 2 of the Charitable Endowments Act, 1890 (6 of 1890) :
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