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Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977 (Act No. VII of 1977).

Country
Type of law
Legislation
Source

Abstract
This Act, consisting of 30 sections divided into six Chapters and two Schedules makes provisions to facilitate adequate flow of credit for agricultural production and development through banks and other institutional credit agencies and for any related matters. Chapter 2 defines the rights of agriculturists to alienate land/interest in land in favour of banks; Chapter 3 establishes Charges and mortgages in favour of banks; Chapter 4 Arrangements for recovery of dues by banks; Chapter 5 Financing of co-operative societies by banks.
Long title of text
An Act to make provisions to facilitate adequate flow of credit for agricultural production and development through banks and other institutional credit agencies and for matters connected therewith and/or incidental thereto.
Date of text
Entry into force notes
This Act enters into force on 15 June 1978.
Repealed
No
Source language

English

Legislation Amendment
No