Where any charge on any land or interest therein or crops standing thereon was created in favour of a cooperative society before the commencement of this Act, it shall be lawful for an agriculturist to create, after such commencement a subsequent charge on such land or interest therein or crops standing thereon in favour of a bank, as security, for any financial assistance given to the agriculturist by the bank.
Section 7: Removal of disability in creation of charges
The Karnataka Agricultural Credit Pass Book Act, 1984State Act of Karnataka · Act 2 of 1986
Where this provision sits
| Act | The Karnataka Agricultural Credit Pass Book Act, 1984 |
|---|---|
| Section | 7 |
| Marginal note | Removal of disability in creation of charges |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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