State Act
118
Section 118. Devolution of assets on dissolution or supersession
THE ODISHA GRAMA PANCHAYATS ACT, 1964
Act no. 1 of 19651965In forceOdisha (State Act)
118. Devolution of assets on dissolution or supersession :– When a Grama Panchayat is dissolved under Section 116 or superseded under Sec-tion 117 the Collector, until the date of reconstitution thereof, and the reconstituted Grama Panchayat thereafter, shall be entitled to all the as-sets and shall be subject to all the liabilities of the Grama Panchayat as on the date of dissolution or supersession, and on the date of reconstitution, respectively.