Section 4
State OrdinanceIn forceProvision 4 of 27
Section 4
Loans may be raised under the provisions of this Ordinance in either or both of the following ways:-
(a)
by the creation and issue of registered stock which shall be known as North
Borneo Stock;
(b)
by the issue of securities in the form of debentures payable to bearer.
Issue and redemption of debentures.