State Act
9
Section 9. Liability of joint borrowers as among themselves
The Rajasthan Agricultural Loans Act, 1956
Act no. 1 of 19571957In forceRajasthan (State Act)
9. Liability of joint borrowers as among themselves.— When a loan is granted under this Act to the members of a village community or to any other person on such terms that all of them are jointly and severally bound to the State Government for the payment of the whole amount payable in respect there of and a statement showing the portion of the amount which as among themselves each is bound to contribute is entered upon the order granting the loan and is signed by each of them and by the officer making the order that statement shall be conclusive evidence of the portion of than amount which as among themselves each of those persons is bound to contribute.