Bare ActsTrivandrum City Improvement Trust Act, 1960

Section 98

Receipt by joint holder for interest or dividend.--

Amendment status not verified — confirm the current text below against the official source.

Where two or more persons are joint holders of any debenture or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debenture or security, unless notice to the contrary has been given to the Board by any other of such persons.

Section 98 – Trivandrum City Improvement Trust Act, 1960 | DailyLaw.ai