Every State cooperative society (a) shall paint or affix its name and the change of address of multi state cooperative society of its registered office and keep the same painted or affixed, on the outside of every office or place in which its business is carried on, in conspicuous position, in letters easily legible; and if the characters employed therefore not those of the language or of one of the languages in general use in that locality, also in the characters of that language or of one of those languages;(b) shall have its name engraved in legible characters on its seal; and(c, shall have its name and the address of its registered office mentioned in legible characters in all its business letters, in all its bill heads and letter paper, and in all its notices and other official publications; and also have its name so mentioned in all bills of exchange, handiest, promissory notes, endorsements, chouse and orders for money or goods purporting to be signed by or on behalf of the multi state cooperative societies and in all bills of parcels, invoices, receipts and letters of credit of the A scheme explaining how the proposed multi state Co-operative society has reasonable prospects of becoming a viable unit. Make application in FORM 1 prescribed under Rule 3(1) the multi state cooperative societies Rules to the Central Registrar of cooperative societies New Delhi Signed by at least fifty persons from each of the State. An application for registration shall be accompanied by five copies of the proposed Bye-laws of the Multi state cooperative society. Duly signed by each of the persons who sign the application for cooperative society . Name of the proposed multi state cooperative society in order to ensure financial discipline, extensive provisions have been enacted. No part of the fund other than net profit shall be distributed among members (Sec.62). Investment of society’s fund only in recognized securities is permissible (Sec.64). Contribution to political parties or loans to non-members or borrowing from external sources are prohibited. Annual auditing by recognized auditors is mandatory (Sec.65). Central Government may direct for special audit if it is of the opinion that the society’s affairs are not being managed in accordance with the co-operative principles or prudent commercial practices .