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Friendly societies may subscribe any portion of their funds into savings banks.
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28. It shall be lawful, if the trustees or managers of any saving banks shall think proper, for any friendly society established under and by virtue of any Act or Acts relating to friendly societies from time to time to subscribe the whole or any part of the funds of such friendly society, as they shall from time to time direct, through their treasurer, steward, or other officer or officers, into the funds of any institution which shall take the benefit of this Act, and which shall be willing to receive the same, under such terms and conditions as shall be specially provided for that purpose by the rules, orders, and regulations of such institution:
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