(1) A multi state cooperative society may receive deposits, raise and receive grants from external sources to such extent and under conditions as may be specified in the bye laws Provided that the total amount of deposits and loans receive . During any financial year shall not exceed ten times of the sum subscribed share capital and accumulated reserves: Provided further that while calculating the total sum of subscribe. Share capital and accumulated reserves, the accumulated loss: shall be deducted. (2) Subject to the provisions of sub-section (1) a multi state society may accept funds or borrow funds for the fulfillment of objects on such terms and conditions as are mutually contracted upon. (3) A cooperative society may issue non-converters. Debentures or other instruments subject to the provisions of any law for time being in force to raise resources for the fulfillment of its objects tons extent of twenty five percent of its paid-up share capital. (1) Under first proviso to sub-section (1) the 2002  limits of total amount of deposits and loans to be received any financial year has been mentioned. (2) Under second proviso to sub-section (1) of Section 67 of the Act method for calculating total sum of subscribed share car and accumulated reserves has been mentioned. (3) Sub-section (2) &nabs; the 2002 Act mentions about and conditions for accepting or borrowing funds. (4) Sub- section (3) &nabs; the 2002 Act mentions about is non-convertible debentures or other instruments and also a their limits.

besides the above mentioned insertions, there are some changes as follows (1) Proviso to the 1984 Act has been deleted mentioned that cooperative bank shall be governed by the Bal Regulation Act, 1949. The multi state cooperative society Act, 1984 Act mentioned only about receiving deposits and raising loans, but of the 2002 Act also mentions about receiving grants. Provides methods of raising borrowings and restrictions upon. A cooperative society may receive deposits, rise receive grants from external sources. It can also issue non-convertible as or other instruments. Total amount of deposits and loans received during any financial  not exceed ten times the sum of subscribed share capital and acted reserves. While calculating the total sum of subscribed share accumulated reserves, the accumulated losses shall be deducted .multi state society may accept funds or borrow funds for its objects on such terms and conditions as are mutually upon. It is for the credit cooperative society to determine the conditions for the borrowings. Cooperative society may also issue non-convertible other instruments subject to the provisions of any law for the force to raise resources for the fulfillment of its objects to the went five per cent of its paid-up share capital.