Section 137 · Power of Panchayat Samiti to acquire-hold and dispose of property

(1) A Panchayat Samiti shall have the power to acquire, hold, dispose of property and to enter into contracts: Provided that in all of acquisition or disposal of immovable property the Panchayat Samiti shall obtain the previous approval of the State Government. (2) All roads buildings or other works constructed by a Panchayat Samiti with its own funds shall vest in it. (3) The State Government may allocate to a Panchayat Samiti any public property situated within its jurisdiction and thereupon such property shall vest in and come under the control of the Panchayat Samiti.