Cap. 442 чл. 88Deposits and loans.

(1) A society may receive deposits and loans from members and from persons who are not members only if so authorised by its statute and only to such extent and under such conditions as may be determined or prescribed by its statute or under the following provisions of this article.

(2) A society which under its statute has power to borrow money shall determine from time to time, at a general meeting, the maximum liability which it may, within the limits prescribed by its statute, incur in respect of loans or deposits from members and non-members including bank overdrafts. appropriate, subject to any general or specific directions, if any, as may be determined by the general meeting.