State Act
13
Section 13. Guarantee by State Government of principal and interest on debentures issued under section 9.
The Himachal Pradesh Co-operative Agriculture and Rural Development Banks Act, 1979
Act no. 23 of 19791979In forceHimachal Pradesh (State Act)
13. Guarantee by State Government of principal and interest on debentures issued under section 9.- The principal of, and interest on, the debentures issued under section 9 1[or bonds issued or loans raised under section 11-A, to such a maximum amount as may be fixed by the Government from time to time,] shall carry the guarantee of State Government subject to such conditions as it may deem fit to impose.