Section 55 in Tamil Nadu Village Panchayats (Receipts and Expenditure and Maintenance of the Accounts of Village Panchayats) Rules, 2000
55. Limited number of accounts.
- Every village panchayat shall have accounts preferably Saving Bank Account in the Post Office, Primary Co-operative Bank, the Nationalised Bank available in the panchayat village. Total number of accounts to be opened and operated by village panchayat shall, on no occasion, be more than five.
