State Act

44R

Section 44R. Recovery of loan by Land Development Bank.

The Bihar Co-operative Societies Act, 1935

Act no. 6 of 19351935In forceJharkhand (State Act)

44 R. Recovery of loan by Land Development Bank. – Any loan granted by a Land Development Bank, including any interest chargeable and, such cost, if any as may be prescribed incurred in connection therewith shall, when they become due, be recoverable by the Bank concerned: Provided that such loan, interest or cost may be recoverable also by the State Cooperative Land Development Bank even if the loan has been granted by a Primary Cooperative Land Development Bank affiliated to it.