State Act

61

Section 61. Investment of Money belonging to a Notified Institution or Declared Institution.

THE HINDU RELIGIOUS INSTITUTIONS AND CHARITABLE ENDOWMENTS ACT, 1997

Act no. 33 of 20012001In forceKarnataka (State Act)

61. Investment of Money belonging to a Notified Institution or Declared Institution.- All monies belonging to a Notified Institution or a Declared Institution and not required for immediate use shall be deposited only in a Nationalised Bank or with the permission of the State Government in any Scheduled Bank or Banking Institution approved by the State Government.