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Section 3: Removal of restrictions on alienation.

The Maharashtra Provision of Facilities for Agricultural Credit by Banks Act, 1974.State Act of Maharashtra · Act 5 of 1975

Notwithstanding anything contained in any law for the time being in force or in any custom or usage, which restrict the right to alienate any land (or any interest therein), it shall be lawful for an agriculturist to alienate (whether by creation of a charge or mortgage on such land, or any other interest) any land to the extent of his right therein, or any right, title and interest he may have in the land, in favour of a bank for the purpose of obtaining financial assistance from that bank.

Where this provision sits

ActThe Maharashtra Provision of Facilities for Agricultural Credit by Banks Act, 1974.
Section3
Marginal noteRemoval of restrictions on alienation.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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