Model Bye–Laws of Cooperative Housing Society
VI. FUNDS, THEIR UTILISATION AND INVESTMENT
(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.
Search Housing Society Bye Law related term/topic/bye-law no from here!
Disclaimer: We have converted the Cooperative Housing Society bye-laws, Maharashtra Cooperative Societies Act and Maharashtra Cooperative Societies Rules in web format so that the readers can quickly search the relevant section / bye-law / rule no. We are trying to update it as much as possible. In the event you notice any discrepancy do message us on our twitter account @mysocietyclub with the page link.
