Section 34

Investment of funds.

The State Financial Corporations Act, 1951

  • Act 63 of 1951
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for the establishment of State Financial Corporations.

All sections
    1[34. Investment of funds.--The Financial Corporation may invest its funds in accordance with applicable guidelines and prudential norms as may be prescribed and in such securities as the Board may decide from time to time.]

Notes

1. Subs. by Act 39 of 2000, s. 21, for section 34 (w.e.f. 5-9-2000).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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