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[Cites 0, Cited by 0] [Section 44(1)] [Section 44] [Entire Act]

State of Sikkim - Subsection

Section 44(1)(d) in Sikkim Co-Operative Societies Act, 1955

(d)on personal security without sureties, unless the borrowing member has unencumbered immovable property or attachable funded assets sufficient to cower the loan and a full statement of such securities is submitted by the borrower and the truth of the statement is ascertained by the managing body.