Section 134 in The Andhra Pradesh Charitable and Hindu Religious Institutions and Endowments Act, 1987
134. Trustee not to lend or borrow money without sanction.
- A trustee or an Executive Office or other person who is in chargeof the administration of a charitable or religious institution orendowment, 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.
