The Meghalaya Credit Operation and Miscellaneous Provisions Act, 1976 (Act 10 of 1976)
Section 3. Removal of restrictions on alienation.
Notwithstanding anything contained in any other law for the time being in force or in any custom or usage having the force of law, it shall be lawful for an agriculturist to alienate his land or any of his interest therein and execute a charge or mortgage on such land or interest in favour of a bank as security, for the purpose of obtaining financial assistance from that bank.
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