State Act
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Section 10. Board’s power to raise loans.
THE KERALA STATE RURAL DEVELOPMENT BOARD ACT, 1971
Act no. 15 of 19711971RepealedKerala (State Act)
This Act was repealed on a date we do not have by the Kerala Decentralisation of Powers Act, 2000 (16 of 2000); it may still apply to matters that began before then.
10. Board’s power to raise loans.— Subject to such conditions and limitions as may be laid down by the Government and with their prior approval, the Board may, for the promotion and execution of any scheme under this Act, raise loans or borrow money from any bank or other financial institutions 5[or agencies] approved by the Government or from the Life Insurance Corporation of India established under section 3 of the Life Insurance Corporation Act, 1956 (Central Act 31 of 1956).