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The Rajasthan Agricultural Credit Operation (Removal of Difficulties) Act, 1974

Section 7. Removal of disabilities in creation of charges and mortgages

Notwithstanding anything to the contrary contained in the Rajasthan Co-operative Societies, Act, 1965 or any other law for the time being in force and notwithstanding that any land or interest therein stands already charged or mortgaged to a Cooperative Society, it shall be lawful for an agriculturist to create a charge or mortgage on such land or interest therein in favour of a bank as security for any financial assistance given to the agriculturist by that bank.

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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