Multi-State Co-operative Societies Act : Multi-State co-operative societies which may be registered..

Multi-State Co-operative Societies Act,2002

Act No : 39

Section : Multi-State co-operative societies which may be registered..

5. Multi-State co-operative societies which may be registered.-(1) No multi-State co-operative society shall be registered under this Act, unless,- (a) its main objects are to serve the interests of members in more than one State; and (b) its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles. (2) The word "limited" or its equivalent in any Indian language shall be suffixed to the name of every multi-State co-operative society registered under this Act with limited liability.