section 57
Investment of Funds.
The Kerala Co-operative Societies Act 1969Corporate1969136 sections12 chapters
Chapter VII Chapter VII
Statutory text
A society may invest or deposit its funds— (a)in Government Savings Bank; or (b)in any of the securities specified in section 20 of the Indian Trusts Act, 1882 (Central Act 2 of 1882); or (c)in the shares or securities of any other society approved for the purpose by the Registrar by general or special order; or (d)in any bank approved for the purpose by the Registrar; or (e)in any other prescribed manner.
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