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The Jharkhand Municipal Act, 2011 Section 148
Title: Debt Service Reserve Fund The municipality may set up a Debt Service Reserve I und by providing special grants from
State: Jharkhand
Year: 2011
und by providing special grants from its surplus revenue or through capitalization proceeds from Municipal Bonds to service bondholders in case of default in payment of principal and interest for a period not exceeding two years.
View Complete Act List Judgments citing this sectionThe Jharkhand Municipal Act 2011 Section 148
Title: Debt Service Reserve Fund - The municipality may set up a Debt Service
State: Jharkhand
Year: 2012
Fund by providing special grants from its surplus revenue or through capitalization proceeds from Municipal Bonds to service bondholders in case of default in payment of principal and interest for a period not exceeding two years.
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