NSWIn ForceAct
Co-operative Housing and Starr-Bowkett Societies Act 1998
58Protection of lenders
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#### 58 Protection of lenders
58 Protection of lenders
> A person who lends money to a society is not bound to see to the application of the money and is not in any way affected or prejudiced by the fact that the society, in borrowing the money, has contravened any provision of this Act or of the rules of the society.