LawgistThe Bihar Reorganisation Act
51Deposits, etc
(1) The liability of the existing State of Bihar in respect of any civil deposit or loan fund deposit shall, as from the appointed day, be the liability of the State in whose area the deposit has been made.
(2) The liability of the existing State of Bihar in respect of any charitable or other endowment shall, as from the appointed day, be the liability of the State in whose area the institution entitled to the benefit of the endowment is located or of the State to which the objects of the endowment under the terms thereof, are confined.
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APPORTIONMENT OF ASSETS AND LIABILITIES
- 41 Application of Part
- 42 Land and goods
- 43 Treasury and bank balances
- 44 Arrears of taxes
- 45 Right to recover loans and advances
- 46 Investments and credits in certain funds
- 47 Assets and liabilities of State undertakings
- 48 Public Debt
- 49 Floating Debt
- 50 Refund of taxes collected in excess
- 51 Deposits, etc
- 52 Provident fund
- 53 Pensions
- 54 Contracts
- 55 Liability in respect of actionable wrong
- 56 Liability as guarantor
- 57 Items in suspense
- 58 Residuary provision
- 59 Apportionment of assets or liabilities by agreement
- 60 Power of Central Government to order allocation or adjustment in certain cases
- 61 Certain expenditure to be charged on Consolidated Fund
