AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
Sacco Societies Act

17. Investment of funds of the Authority

Edition: 2025-06-20 · In force

My notebookDiscuss your situation

17. Investment of funds of the Authority

(1)The Authority may invest its funds in any securities which for the time being are authorized for trust funds or in any other securities which the Cabinet Secretary may, from time to time, approve.
(2)The Authority may place on deposits with such bank or banks as it may determine, any moneys not immediately required for the purposes of the Authority.[Act No. 16 of 2018, s. 2.]
← Previous provisionNext provision →
Source: Kenya Law