All monies belonging to a Notified Institution or a Declared Institution and not required for immediate use shall be deposited only in a Nationalised Bank or with the permission of the State Government in any Scheduled Bank or Banking Institution approved by the State Government.
Section 61: Investment of Money belonging to a Notified Institution or Declared Institution
The Hindu Religious Institutions and Charitable Endowments Act, 1997State Act of Karnataka · Act 33 of 2001
Where this provision sits
| Act | The Hindu Religious Institutions and Charitable Endowments Act, 1997 |
|---|---|
| Section | 61 |
| Marginal note | Investment of Money belonging to a Notified Institution or Declared Institution |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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