section 64
Funds not to be divided.
The Maharashtra Co-operative Societies Act 1960Corporate1960178 of 165 sections available26 chapters
Chapter VI PROPERTY AND FUNDS OF SOCIETIES
Statutory text
No part of the funds, other than the dividend equalization or bonus equalization funds as may be prescribed or the net profits of a society, shall be paid by way of bonus or dividend, or otherwise distributed among its members:
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