State Act

91

Section 91. Other guarantee by Government.

The Telangana Co-operative Societies Act, 1964.

Act no. 7 of 19641964In forceTelangana (State Act)

91. Where a *[Central Agricultural Development Bank] or *[an Agricultural Development Bank] has given a loan to a member for the development of any land in excess of the amount of the loan to which such member would be entitled on the basis of the value of the land as determined in accordance with the principles of valuation approved by the Government, the Government may guarantee for a specified period the repayment of the loan to the extent of the excess.