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The Rajasthan Gram Dan Act, 1971

Section 35. Power to borrow

(1) Subject to rules made in this behalf, a Gram Sabha may raise money for carrying out the purposes for which it is established on the security of the Gram Nidhi or any property vested in, or belonging to it. (2) A Gram Sabha may, for any of such purposes, also obtain a loan from any person, institution or Government.

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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