State Act
7
Section 7. Removal of disability in creation of charges and mortgages
THE UTTAR PRADESH AGRICULTURAL CREDIT ACT, 1973
Act no. 19 of 19731973In forceUttarakhand (State Act)
7. [Notwithstanding anything contained in the Uttar Pradesh Co-operative Societies Act, 1965 and Uttar Pradesh Co-operative Lana Development Bank Act, 1964]2 or any other law for the time being in force and notwithstanding that any land or interest therein stands already charged or mortgaged to a co-operative society, it shall be lawful for an agriculturist to create a charge or mortgage on such land or interest therein in favour of a bank as security for any financial assistance given to the agriculturists by that bank.