The University may, for any of the purposes prescribed by the statutes, borrow money from a bank or a corporation. If the total amount to be borrowed exceeds twenty five lacs rupees, the prior approval of the Government shall be obtained for such borrowings.
Section 37: Power to borrow
The Himachal Pradesh University of Health Sciences Act, 2017State Act of Himachal Pradesh · Act 11 of 2017
Where this provision sits
| Act | The Himachal Pradesh University of Health Sciences Act, 2017 |
|---|---|
| Section | 37 |
| Marginal note | Power to borrow |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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