section 301
Payment to survivors of joint payees
The Kerala Municipality Act, 1994Infrastructure1994558 of 560 sections available28 chapters
Chapter XIV TAXATION AND FINANCE
Statutory text
Payment to survivors of joint payees.— Where any debenture or security issued under this Act is payable to two or more persons jointly, and either or any of them dies, then, notwithstanding anything contained in section 45 of the Indian Contract Act 1872 (Central Act 9 of 1872), the debenture or security shall be payable to the survivor or survivors of such persons:
Study data processing for this section.
Some statutory text is still being prepared for this language version.
PDF: pending for this language.