Chapter VI — CREDIT FUNCTIONS OF THE NATIONAL BANK

Section 26Purchase and sale of shares

Section 26: Purchase and sale of shares

26. Purchase and sale of shares

[26. Purchase and sale of shares.— The National Bank may subscribe to, or purchase or sell stocks, shares, bonds or debentures of, or invest in the securities of, any institution or class of institutions concerned with agriculture and rural development which the Board may approve subject to such terms and conditions as it may deem fit.]

Amendment notes (1)
  1. Subs w.e.f. 1-2-2001 . Subs. by s. 13, ibid., for section 26 (w.e.f. 1-2-2001).