Act Number: 63

Act Name: The State Financial Corporations Act, 1951

Year: 1951

Enactment Date: 1951-10-31

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

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 34: Investment of funds.
    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).
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