section 8A
Conversion
The Jammu and Kashmir Co-operative Societies Act, 1989Corporate1989184 sections
Statutory text
1[8A. Conversion. (1)A Co-operative Credit Structure Society registered under this Act shall be eligible to become a member of a Central Level Co-operative registered under the provisions of the Jammu and Kashmir Self-Reliant Co-operatives Act, 1999.
- (2) A Co-operative registered under Jammu and Kashmir Self-Reliant Cooperatives Act, 1999 may become the member of the Co-operative Federation registered under this Act.
- (3) A Co-operative Credit Structure Society may affiliate with, or disaffiliate from, a Co-operative Federation of its choice keeping in view the financial position of the Co-operative Federation : Provided that before disaffiliation, the Co-operative or the Society shall discharge its financial liability, if any, to the Society from which it is disaffiliating.]
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