334
CurrentMembers and other persons not required to see to application of money
Chapter 3Management and operation of co-operatives
Part 3.4Funds and property
Division 1Power to raise money
334 Members and other persons not required to see to application of money
A member or other person from whom a co-operative obtains financial accommodation is not required to see to its application and is not affected or prejudiced by the fact that in doing so the co‑operative contravened a provision of this Law, the National Regulations or the rules of the co-operative.
This Act’s bill:Explanatory statement
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