Bye-law 15Ch.2 · Funds
Investment of Funds
Heading as printed in the official Model Bye-laws.
Official Text
Investment of Funds
15. 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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Related provisions
MCS Act, 1960 — Chapter XIII-B
2026 Amendment Rules
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