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Section 38: Gehan, mortgages or hypothecation] executed in favour and other assets of 3[the Primary Agriculture and Rural Development Banks] to stand transferred to State Bank

The Himachal Pradesh Co-operative Agriculture and Rural Development Banks Act, 1979State Act of Himachal Pradesh · Act 23 of 1979

4[A Gehan created, mortgages or hypothecation executed or deemed to have been created or executed] in favour of and all other assets transferred 5[or deemed to have been transferred] to, 6[Primary Agriculture and Rural Development Bank] by the members thereof, thereof, shall with effect from the date of such 7[creation,] execution or transfer, be deemed to have been transferred by such 8[Primary Agriculture and Rural Development Bank] to the State Bank.

Where this provision sits

ActThe Himachal Pradesh Co-operative Agriculture and Rural Development Banks Act, 1979
Section38
Marginal noteGehan, mortgages or hypothecation] executed in favour and other assets of 3[the Primary Agriculture and Rural Development Banks] to stand transferred to State Bank
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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