# The Assam Stamp (Amendment) Act, 1950, Section 41

- Act: The Assam Stamp (Amendment) Act, 1950 (Act 7 of 1950)
- Source URL: https://indiacode.ecourtsindia.com/assam-stamp-amendment-act-1950/section/41/

## Text

MORTGAGE OF A CROP including any instrument evidencing an agreement to secure the repayment of a loan made upon any mortgage of a crop, whether the crop is or is not in existence at the time of the mortgage- (a) when the loan is repayable not more than three months from the date of the instrument- for every sum secured not exceeding Rs. 200 ; and for every Rs.200 or part thereof secured in excess of Rs.200 ; Proper stam -duty (2) Twelve annas. One rupee. indiaCode Two annas. Do. (b) when the loan is repayable more than three months, but not more than eighteen months from the date of instrument- for every sum secured not exceeding Rs.100 ; and for every Rs.100 or part thereof secured in excess of Rs.100.

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