State Act
75
Section 75. Custody and investment of trust funds.
The Haryana Town Improvement Act, 2008 (36 of 2008)
Act no. 36 of 20082008In forceHaryana (State Act)
75. In places where there is a nationalised/co-operative bank to which the Government treasury business has been made over, all moneys at the credit of the trust shall be kept in such bank : Provided that nothing shall be deemed to preclude a trust from, with the previous sanction of the State Government, investing any such moneys in fixed deposits which are not required for immediate expenditure.