State Act

164

Section 164. Priority of payments for interest and repayment of loans over other payment.

THE KARNATAKA MUNICIPAL CORPORATIONS ACT, 1976.

Act no. 14 of 19771977In forceKarnataka (State Act)

164. Priority of payments for interest and repayment of loans over other payment.- All payments due from the corporation for interest on and repayment of loans shall be made in priority to all other payments due from the corporation.