Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 27 – The State Agricultural Credit Corporations Act,1968

The State Agricultural Credit Corporations Act,1968

Section 27. Investment of surplus Funds

All moneys belonging to the Corporation which may not, for the time being be required by it shall be-

(a) Deposited with the Reserve Bank or in consultation with the Reserve Bank with a scheduled Bank, State Co- operative Bank ;or Central Co-operative Bank; or

(b) Invested in the securities of the Central Government or any State Government or ;in securities in which a trustee may invest money under clause (a), clause (b), clause(bb), clause (c) or clause (d) of section 20 of the Indian Trusts Act ,1882 (2 of 1882); or

(c) Utilised in such other manner as may be approved by the Reserve Bank.

Previous | Next

The State Agricultural Credit Corporations Act,1968

Indian Laws – Bare Acts

MyNation

Leave a Reply

Your email address will not be published. Required fields are marked *


Not found ...? HOW TO WIN 498a, DV, DIVORCE; Search in Above link

All Law documents and Judgment copies
Landmark Judgments
Important SC/HC Judgements on 498A IPC
Rules and Regulations of India.
Copyright © 2021 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation