State Government may think fit to impose.

Vesting of property in Trustee and Debenture holders, charge on assets.— Upon the issue of debentures, under the provisions of Section 114, the mortgage properties and other assets including the properties covered by the instruments referred to in sub- section (3) of that section held by the State Agriculture and Rural Development Bank, shall vest in the Trustee, and the holders of debentures shall have a floating charge on all such mortgages, instruments and assets and on the amount paid under such mortgages, and such instruments and remaining in the hands of the State Agriculture and Rural Development Bank or of the Trustee.