section 64
No part of the funds, other than the net profits of a society
The Manipur Co-Operative Societies Act, 1976Corporate197682 sections11 chapters
Chapter VI PROPERTY AND FUNDS OF SOCIETIES
Statutory text
No part of the funds, other than the net profits of a society shall be paid by way of bonus or dividend, or otherwise distributed among its members ; Provided that, a member may be paid remuneration on such Scale as may be laid down by the bye-laws, for. any services rendered by him to the society.
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