Bare ActsThe Maharashtra Agricultural Produce Marketing (Development and Regulation) Act, 1963

Section 39M

Power of State Marketing Board to borrow.

Amendment status not verified — confirm the current text below against the official source.

Subject to such conditions as may be prescribed, the State Marketing Board may, for the purpose of providing itself with adequate resources, borrow money in the open market by issue of guaranteed or unguaranteed bonds, debentures, stocks or otherwise, or borrow money from any scheduled banks, or from such other banks or financial institutions as are approved, from time to time, by the State Government.

Section 39M – The Maharashtra Agricultural Produce Marketing (Development and Regulation) Act, 1963 | DailyLaw.ai