Amendment status not verified — confirm the current text below against the official source.
The mortgages executed in favour of, and all executed in other assets transferred to a Mortgage Hank by the ~vo~r of members thereof shall, with effect from the date of Ba~~gage to such execution or transfer (including those mort aged stand vested to a Mortgage Bank before commencement of this in Central Act) be deemed to have been transferred by such ~fo~gage Mortgage Banks to the Central Mortgage Bank ana an · shall stand vested in the Trustee. ~:~rs of the