Report Regarding the Possibility of Introducing Land And Agricultural Banks Into the Madras Presidency
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In our eReader you can find the full English version of the book. Read Report Regarding the Possibility of Introducing Land And Agricultural Banks Into the Madras Presidency Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Report Regarding the Possibility of Introducing Land And Agricultural Banks Into the Madras Presidency
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Sitting fees, permissible in exceptional cases by section 8 of the law, may only be allowed in the case of banks having a capital in deposits and otherwise of at least £200,000, and must be limited to the days on which directors are actually on duty according to their turns of office, and to meetings of the board.
13. Benevolent institutions admissible to special deposit conditions as per section 8 of the law, shall include friendly societies of working men.
In the classes of persons similarly ...privileged shall be included all those who depend upon manual and daily labour, and elementary school teachers.
The proportion which such special deposits shall bear to total deposits shall not exceed one-tenth, 14. (Accounts current to be distinct in every way from savings deposits.) 15. (Omitted.) 16. The nature of permissible investments shall be precisely specified in the articles, and no invest- ment of any other kind shall be made by the directors.
In selecting investments, care must be taken that they possess the requisites of security and of easy realization and collection.
What to read after Report Regarding the Possibility of Introducing Land And Agricultural Banks Into the Madras Presidency?
You can find similar books in the "Read Also" column, or choose other free books by Nicholson, Frederick Augustus, Sir, 1846-1936 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Sitting fees, permissible in exceptional cases by section 8 of the law, may only be allowed in the case of banks having a capital in deposits and otherwise of at least £200,000, and must be limited to the days on which directors are actually on duty according to their turns of office, and to meetings of the board.
13. Benevolent institutions admissible to special deposit conditions as per section 8 of the law, shall include friendly societies of working men.
In the classes of persons similarly ...privileged shall be included all those who depend upon manual and daily labour, and elementary school teachers.
The proportion which such special deposits shall bear to total deposits shall not exceed one-tenth, 14. (Accounts current to be distinct in every way from savings deposits.) 15. (Omitted.) 16. The nature of permissible investments shall be precisely specified in the articles, and no invest- ment of any other kind shall be made by the directors.
In selecting investments, care must be taken that they possess the requisites of security and of easy realization and collection.
What to read after Report Regarding the Possibility of Introducing Land And Agricultural Banks Into the Madras Presidency?
You can find similar books in the "Read Also" column, or choose other free books by Nicholson, Frederick Augustus, Sir, 1846-1936 to read onlineMoreLess
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