Section 34: Liability as guarantor of co-operative societies.

The Andhra Pradesh and Madras (Alteration of Boundaries) Act, 1959Central Act · Act 56 of 1959

Where, immediately before the appointed day, the State of Andhra Pradesh or Madras is liable as guarantor in respect of any liability of a registered co-operative society, that liability shall,—

(a) if the area of the society's operations is limited to the transferred territories, be a liability of the State to which the territories are transferred; and

(b) in any other case, continue to be a liability of the State which, immediately before that day, was subject to such liability.

Where this provision sits

Act	The Andhra Pradesh and Madras (Alteration of Boundaries) Act, 1959
Section	34
Marginal note	Liability as guarantor of co-operative societies.
Jurisdiction	Central
Status	In force as published by the source

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