State Act

20

Section 20. Warehouseman not to deal in or lend against goods in warehouse.

THE KARNATAKA WAREHOUSES ACT, 1961

Act no. 11 of 19621962In forceKarnataka (State Act)

20. Warehouseman not to deal in or lend against goods in warehouse.— Notwithstanding anything contained in any other law, no warehouseman other than a co-operative society shall either on his own account or that of others, deal in, or lend money on goods received by him for deposit in his warehouse.