Andhra Pradesh Mutually Aided Cooperative Societies Act 1995

This enactment was the final step in an effort to create a new legislative environment for cooperatives in Andhra Pradesh.

The Act provides for the voluntary formation of cooperative societies as accountable, competitive, self reliant business enterprises, based on thrift, self-help and mutual aid and managed and controlled by members for their economic and social betterment and other matters connected.

The Directive also lists:

• Principles of cooperation for framing bylaws by cooperative societies;
• Registration requirements, display of name, bylaws;
• Provisions relating to change of liability, transfer of assets and liabilities, division, amalgamation;
• Laws for promotion of subsidiary organization;
• Laws for fund related activities;
• Eligibility requirements for membership.