section 5
Registration with limited or unlimited liability
The Karnataka Co-operative Societies Act, 1959Corporate1959265 sections
Statutory text
Registration with limited or unlimited liability. (1) A co-operative society may be registered with or without limited liability: Provided that the liability of a co-operative society of which any member is a co-operative society, shall be limited. (2) The word ‘limited’ or its equivalent in any Indian language shall be the last word in the name of a co-operative society registered under this Act with limited liability.
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