State Act

86

Section 86. Security by commission agents.

THE KARNATAKA AGRICULTURAL PRODUCE MARKETING (REGULATION AND DEVELOPMENT) ACT, 1966

Act no. 27 of 19661966In forceKarnataka (State Act)

*86. Security by commission agents.- (1) No person shall act as a commission agent and no commission agent's licence shall be granted to any person unless he has deposited with or furnished to the market committee cash security or a bank guarantee of 1[not less than one thousand rupees but not exceeding five thousand rupees as may be specified in the bye laws.]1 2[(2) x x x]2