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State of West Bengal - Section

Section 108 in The West Bengal Co-Operative Societies Act, 1983

108. Priority of mortgage over certain loans. -

A mortgage executed in favour of a co-operative land development bank before or after the commencement of this Act shall have priority over loans of the State Government under the Land Improvement Loans Act, 1883 or the Agriculturists' Loans Act, 1884 granted after the execution of the mortgage and over all other registered or unregistered transfers effected on any account.