The University may, for any of the purposes prescribed by the Statutes, borrow money from a bank or a corporation.
Where the total amount borrowed exceeds rupees five lakhs prior approval of the Government shall be obtained for such borrowing.
Section 39: Power to borrow
The Rajiv Gandhi University of Health Sciences Act, 1994State Act of Karnataka · Act 44 of 1994
Where this provision sits
| Act | The Rajiv Gandhi University of Health Sciences Act, 1994 |
|---|---|
| Section | 39 |
| Marginal note | Power to borrow |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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