State Act
6
Section 6. Creation of charge on land in favour of a bank by decalration
THE UTTAR PRADESH AGRICULTURAL CREDIT ACT, 1973
Act no. 19 of 19731973In forceUttarakhand (State Act)
6. [(1) An agriculturist desirous of securing financial assistance from any bank by creating a charge on land or any other immovable property which he owns or in which he has an interest may make a declaration on a duly stamped paper in the form set out in the Schedule or as near thereto as circumstances permit, declaring that thereby he creates in favour of the bank a charge on such land or his Interest therein or other immovable property, as the case may be.]6 (2) A declaration made under sub-section (1) may be varied from time to time by the agriculturist with the consent of the bank in chose favour the declaration has been made.