State Act
13
Section 13. Exemption to banks from restrictions on acquisition of land in excess of ceiling.
The Maharashtra Provision of Facilities for Agricultural Credit by Banks Act, 1974.
Act no. V of 19751975In forceMaharashtra (State Act)
13. Exemption to banks from restrictions on acquisition of land in excess of ceiling.— Nothing in any law for the time being in force placing a ceiling or limit on the holding of land shall apply to a bank acquiring land under this Act and holding such land till such time the bank sells the land in the manner provided in the last preceding section or otherwise at a price which is adequate to cover its dues.