1[114-A. For performance of its duties and functions, whether, mandatory or discretionary, a Municipality may with the previous sanction of the State Government, and subject to the rules prescribed in this behalf raise loans in the open market or from any financial institution by issue of debentures or against any other security. ]
Source footnotes
1. Ins. by sec. 5 of U. P. Act no. 19 of 1990.आगे पढ़ें / Continue reading
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Next · Section 115Custody and investment of municipal fund →All sections / सभी धाराएँUTTAR PRADESH MUNICIPALITIES ACT, 1916 →
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Declaration and definition of municipalities and cities.Section 3A · Municipality for every transitional area and smaller urban areaSection 3B · Constitution and composition of Ward CommitteeSection 4 · Procedure preliminary to issue notificationSection 5 · Effect of including area in Transitional area or smaller urban areaSection 5-A · Director of Local Bodies.India Code, Government of India. Text fetched 24 Oct 2026. Source metadata reports last modification: 2025-12-02. Check the linked official text and subsequent notifications when applying a provision.