Amendment status not verified — confirm the current text below against the official source.
Receipt by joint holder for interest or dividend,—Whce , two or torc,perons . are joint ]iolclers ol any debenture or. security issued, ot'. granrcd udder this Act, any. payment made to the firsurnentiortcd p,crsbn t1eic111 of any dj'itInd' or interest payablc in respect of such. dcbcntut'e or. ccurity shall be a, discharge of the liability of the Boaid in respect of such dividend or interest,