Orissa Co-Operative Societies Act, 1962 (No. 2 of 1963). Country/Territory India Territorial subdivision Odisha Document type Legislation Date 1963 (2005) Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural development Authorization/permit Registration Cooperative/producer organization Indigenous peoples Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Abstract This Act provides for the registration, operation and management of co-operative societies in Orissa. The Act empowers the State government to appoint a person to be the Registrar of Co-operative Societies and details out the process of the registration. The Act further provides for the establishment of a managing committee in each society and details out the funding of co-operative societies, rights and liabilities of members, audit, inquiry, winding up and dissolution of co-operative societies, insured co-operative banks, offences and penalties; etc. Additionally, the Act contains special provisions for land development banks registered as co-operative societies which offer short-term loans for the purposes of land improvement, productivity of land and agricultural development. Full text English Website www.lawsofindia.org