Notwithstanding anything to the contrary contained in the Himachal Pradesh Co-operative Societies Act, 1968 (3 of 1969) 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 agriculturist by that bank.
Section 7: Removal of disability in creation of charges and mortgages
The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972State Act of Himachal Pradesh · Act 7 of 1973
Where this provision sits
| Act | The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972 |
|---|---|
| Section | 7 |
| Marginal note | Removal of disability in creation of charges and mortgages |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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