Investment of funds of a Multi State Cooperative Society may invest or deposit its funds
(a) in a cooperative bank, state co-operative bank, cooperative land development bank or Central co-operative bank; or
(b) in any of the securities specified in section 20 of the Indian Trusts Act, 1882 (2 of 1882); or
(c) in the shares or securities of any other Multi state cooperative society Principles or any cooperative society; or (d) in the shares, securities or assets of a subsidiary institution or any other institution; or
(e) with any other bank; or
(f) in such other mode as may be provided in the bye-laws. Section 64 of the 2002 Act is corresponding to Section 62 of the 1984 Following change and insertion have been brought in the 2002 Act: (1) In clause (a) of Section 62 of the 1984 Act "co-operative mortgage bank" was also mentioned, but in clause (a) of Sea 64 of the 2002 Act it has been deleted. (2) In clause (d) of Section 64 of the 2002 Act "subsidiary institute has been also added and in the same clause the "with the pre approval of Central Registrar" which was required in the Act, has been deleted. A multi state cooperative society may invest the amount of its fun deposit with the co-operative bank, state co-operative bank, cooperative lard development bank, central cooperative bank or with any other bank. It invests in any of the securities specified in Section 20 of the Indian Trusts 1882. It may also invest in the shares or securities of any other multi state operative society or any cooperative society or in shares, securities or assets a subsidiary institution or any other institution. Besides this, a multi state operative society may invest or deposit its funds in such other mode as may be provided in the bye laws in multi state cooperative society.