- The principal of, and interest on, the debentures issued under Section 119 shall, to such maximum amount as may be fixed by the State Government and subject to such conditions as the State Government may think fit to impose, carry the guarantee of the State Government.
Chapter XI — [Land Development Banks] [Substituted for the words 'Land Mortgage Banks' by Gujarat 24 of 1964]
Section 120
Guarantee by State Government
Printed from Law on Tips • The Multi-State Co-operative Housing Societies Act