Section 97
Loans and advances.
The States Reorganisation Act, 1956
About this Act
An Act to provide for the reorganisation of the States of India and for matters connected therewith.
The right to recover any loans or advances made before the appointed
day to any local body, society, agriculturist or other person in an existing State shall belong to the
successor State unless the loan or advance was made in connection with a Union purpose.