Model By–Laws of Cooperative Housing Society
VI. FUNDS, THEIR UTILISATION AND INVESTMENT
(G) Investment of Funds (Bye Law No 15)
Bylaw 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.