law: The Andhra Pradesh reorganization Act, 2014
  55.  Floating Debt.
  All liabilities of the existing State of Andhra Pradesh in
  
  respect of any floating loan to provide short term finance to any local body,
  
  body corporate or other institution, shall be determined on the following
  
  basis, namely:--
  a.    if, the
  
  purposes of the floating loan are, on and from the appointed day, exclusive
  
  purposes of either of the successor States, then, of that State; 
  b.    in any
  
  other case, it shall be divided on the basis of population ratio.