The Andhra Pradesh State Co-operative Bank (Formation) Act, 1963.
andhra-pradesh · 1963
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- S. 1Now see the provisions of the Andhra Pradesh Co-operative Societies Act, 1964 (Act 7 of 1964), in which these Acts were
- S. 2Section 2 defines key terms used in the Andhra Pradesh State Co-operative Bank Act, 1963.
- S. 3Section 3 establishes the Andhra Pradesh Co-operative Bank by merging the Andhra Pradesh Co-operative Bank and the Hyderabad Co-operative Bank.
- S. 4Section 4 transfers assets, liabilities, and guarantees from two banks to the Andhra Pradesh Co-operative Bank upon its formation.
- S. 5Section 5 empowers the government to create rules for the act's implementation, subject to legislative review.
- S. 6Section 6 allows the government to adapt and modify previous co-operative societies laws for the Act's implementation.
- S. 7Overriding effect of the Act THE ANDHRA PRADESH STATE CO-OPERATIVE BANK (FORMATION) ACT, 1963 ACT No