Section 20(2) in The Mizoram Aided College Employees (Death-cum-Retirement Gratuity) Rules, 1990
(2)The Mizoram Aided College Employees' Death-cum-Retirement Gratuity Fund shall be vested in the Director and may be kept with the State Bank of India or with one of the Nationalised Bank or the Mizoram Co-operative Apex Bank Limited or any other Bank with the approval of the Government as shown in the Appendix.
