State Act
12
Section 12. Mortgages executed in favour of [Gram Vikas Bank]7 to stand vested in [Uttar Pradesh Gram Vikas Bank ]6
THE UTTAR PRADESH SAHAKARI GRM VIKAS BANK ACT, 1964
Act no. 16 of 19641964In forceUttarakhand (State Act)
12. The mortgages executed in favour of and all other assets transferred to, a [Gram Vikas Bank]7 by the members thereof, before or after the commencement of this Act, shall with effect from the date of such execution or transfer, be deemed to have been transferred by such [Gram Vikas Bank]7 to the [Uttar Pradesh Gram Vikas Bank 2]6 and shall vest in the [Uttar Pradesh Gram Vikas Bank.]5