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Section 26 – The State Agricultural Credit Corporations Act,1968

The State Agricultural Credit Corporations Act,1968

Section 26. Payment of dividend

After making provision for bad and doubtful debts, depreciation of assets and all other matters which are usually provided for by bankers , and after crediting to the Stabilisation Fund under section 24 and to the Reserve Fund under section 25, the Corporation may, out of its annual net profits, declare a dividend.

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The State Agricultural Credit Corporations Act,1968

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