The Bihar and West Bengal (Transfer of Territories) Act, 1956
Section 35. Liability as guarantor of co-operative societies.
Where, immediately before the appointed day, Bihar is liable as guarantor in respect of any liability of a registered co-operative society, that liability shall—
(a) if the area of the society's operations is limited to the transferred territories, be a liability of West Bengal; and
(b) in any other case, continue to be a liability of Bihar.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
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