The Act (sections in force)
Section 154B-15
154B-15. Every society shall create such funds as may be prescribed and also such other funds as it may, from time to time, decide.
Official source: The Maharashtra Co-operative Societies Act, 1960 – English Edition (Text as on 6th June 2025) – Commissioner for Co-operation & Registrar, Co-operative Societies, Maharashtra
Verification status: In force – current text of the Act (with amendments up to 6 June 2025), checked word for word against the official copy. Chapter XIII-B: Maharashtra Act No. XXIII of 2019.
Last checked: 01-11-2026
Sinking & repair fundMaintenance charges