State Act

117

Section 117. Powers of 4[Co-operative Agriculture and Rural Multipurpose Development Bank] to advance loans and to hold lands.

The Maharashtra Co-operative Societies Act, 1960

Act no. XXIV of 19611961In forceMaharashtra (State Act)

117. Powers of 4[Co-operative Agriculture and Rural Multipurpose Development Bank] to advance loans and to hold lands.— Subject to the provisions of this Act and the rules made thereunder, it shall be competent for the 5[Co-operative Agriculture and Rural Multipurpose Development Bank] to advance loans for the purposes referred to in section 111, and to hold lands 6[or dwelling house in rural area] the possession of which is transferred to them under the provisions of this Chapter.