State Act
37
Section 37. Power of Board to lease, sell or transfer property.
THE KARNATAKA IMPROVEMENT BOARDS ACT, 1976.
Act no. 11 of 19761976In forceKarnataka (State Act)
37. Power of Board to lease, sell or transfer property.- Subject to such restrictions, conditions and limitations as may be prescribed, the Board shall have power to lease, sell or otherwise transfer any movable or immovable property which belongs to it, and to appropriate or apply any land vested in or acquired by it for the formation of open spaces or for building purposes or in any other manner for the purpose of any development scheme.