An apex society which has purchased shares in other co-operative societies from the money in the ‘Principal Government Partnership Fund’ and a central society which has purchased shares in primary societies from the money in the ‘Subsidiary Government Partnership Fund’ shall be entitled only to such dividend on the said shares as is declared by the society concerned and is payable to other share-holders of that Society.
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Next · Section 50Indemnity of apex and central societies →All sections / सभी धाराएँTHE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · The Registrar.Section 4 · Societies which may be registered.Section 5 · Application for registration of Co-operative Societies.Section 6 · Registration.Section 7 · Registration certificate.Section 8 · Registration with limited or unlimited liability.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.