State Act

10

Section 10. Priority of mortgage over certain claims

The U P Sahkari Gram Vikas Bank Act 1964

In forceUttar Pradesh (State Act)

10. Priority of mortgage over certain claims. - A mortgage executed 4[or charge created] in favour of the 1[Uttar Pradesh Gram Vikas Bank] or a 1[Gram Vikas Bank] after the commencement of this Act, shall have priority over any claim of the Government arising from a loan granted after the execution of such mortgage, 4[or creation of such charge] under the Land Improvement Loans Act, 1883.