State Act
96
Section 96. Power to invest surplus funds.
The Rajasthan Panchayati Raj Act, 1994
Act no. 13 of 19941994In forceRajasthan (State Act)
96. Power to invest surplus funds.- It shall be lawful for a Panchayati Raj Institution with the sanction of the State Government, to invest any surplus funds in its hands, which may not be required for current charges, in public securities in the name of the Panchayat, Panchayat Samiti or the Zila Parishad, as the case may be.