Model Bye–Laws of Cooperative Housing Society


(G) Investment of Funds (Bye Law No 15)

Bye Law No 15. Investment of Funds

The funds of the Society, when not deployed in its objects, may be invested or deposited as required under Section 70 of the Act. Provided that Society's funds collection shall be invested on long term basis, along with the interest earned thereon by one of the modes permitted under the said section of the Act.

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