State Act

93

Section 93. Verification of encumbrances.

THE PUDUCHERRY CO-OPERATIVE SOCIETIES ACT, 1972

Act no. 7 of 19731973In forcePuducherry (State Act)

93. Verification of encumbrances.- The Land Development Bank shall, before advancing any loan on the security of any immovable property verify encumbrances, if any, for a period of thirteen years immediately preceding the date of advance of such loan affecting such immovable property.