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The Assam Co-operative Land Mortgage Bank (Amendment) Act, 1990

assam · 1990

The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.

  • S. 2In the principal Act, In the long ° title of8 title, for the words, "Cooperative Land lot 1961°* Mortgage Banks”, the
  • S. 3Section amends the preamble of the Assam Co-operative Land Mortgage Bank Act.
  • S. 4Section 4 amends the principal Act to replace references to the Assam Cooperative Central Land Mortgage Bank with the Cooperative Agriculture and Rural Development Bank.
  • S. 6In the principal Act, after section “TiaV the following new section shall be in- £<* serted, namely :— I of lrfcl
  • S. 7Section 7 amends the sale procedure for mortgaged properties to be auctioned in the most advantageous location.
  • S. 1961Section facilitates long-term and short-term loans for agricultural, rural development, housing, and industrialization in Assam.
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