Section 91: Priority of mortgage over certain claims.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) A mortgage executed in favour of a Agriculture and Rural Development Bank shall have priority over any claims of the Government arising from a loan under the aid to Agriculturists and Land Improvement Act, Samvat 1993 granted after the execution of the mortgage.

(2) Notwithstanding anything contained in any law for the time being in force, a mortgage or hypothecation or charge executed in favour of the Agriculture and Rural Development Bank or a Primary Bank shall take precedence over any attachment or equitable mortgage over the properties, where after publication of a notice in the prescribed form, the claim or interest under such attachment or equitable mortgage has not been notified to such bank within the time prescribed in the said notice.

Where this provision sits

Act	The Jammu and Kashmir Co-Operative Societies Act, 1989
Section	91
Marginal note	Priority of mortgage over certain claims.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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