State Act
22
Section 22. Loan Fund.
The Himachal Pradesh Antyodaya Corporation Act, 1979
Act no. 17 of 19791979In forceHimachal Pradesh (State Act)
22. Loan Fund.- The loans raised or obtained by the Corporation from the financial institutions/banks and the State or the Central Government or any other agency shall be credited to this Fund. The Loan Fund shall be used for the purpose of advancing loans at such rate of interest as may be determined, and on such conditions as may be imposed, by the Board for protecting the interest of the Corporation.