Mutual Banks Act, 1993 (Act No. 124 of 1993)Chapter IX : General Provisions85. Application for shares or for leave to make deposits |
(1) | No person shall be permitted to become a member of or a deposit or with a mutual bank unless he has signed a form applying for shares in the mutual bank or applying to be allowed to make deposits with the mutual bank, as the case may be. |
(2) | Every person signing any such form shall upon request be furnished by the mutual bank with a copy thereof. |
(3) | Every such form shall have printed or written thereon the whole of section 78. |