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State of Telangana - Section

Section 134 in Telangana Charitable and Hindu Religious Institutions and Endowments Act, 1987

134. Trustee not to lend or borrow money without sanction.

- A trustee or an Executive Officer or other person who is in charge of the administration of a charitable or religious institution or endowment, shall not lend or borrow money on behalf of the charitable or religious institution or endowment, except with the sanction of such authority, and subject to such conditions, as may be prescribed.