The BIHAR AND UTTAR PRADESH (ALTERATION OF BOUNDARIES) ACT, 1968

APPORTIONMENT OF ASSETS AND LIABILITIES

Section 15: Right to recover loans and advances.

The right to recover any loans or advances made before the appointed day by Bihar or Uttar Pradesh to any local body, society, agriculturist, or other person in the transferred territories shall belong to the State to which the territories are transferred.