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Section 21C: Local Committees.

The State Bank of India Act, 1955Central Act · Act 23 of 1955

[(1) A Local Committee may be constituted by the Central Board for any area and shall consist of such number of members as may be prescribed.

[(2) The chairman or the managing director nominated by him shall be an ex officio member of every such Local Committee.]

(3) A Local Committee shall exercise such powers and perform such functions and duties as the Central Board may confer on or assign to it.]

Where this provision sits

ActThe State Bank of India Act, 1955
Section21C
Marginal noteLocal Committees.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 35 of 1964. . Ins. by Act 35 of 1964, s.6 (w.e.f. 1-12-1964).
  • substituted, Act 27 of 2010. . Subs. by Act 27 of 2010, s. 15, for sub-section (2) (w.e.f. 15-9-2010).

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