Section 21. Transfer of interest on death of member

{
    "act_title": "THE ANDAMAN AND NICOBAR ISLANDS CO-OPERATIVE SOCIETIES REGULATION, 1973",
    "act_slug": "the-andaman-and-nicobar-islands-co-operative-societies-regulation-1973",
    "section_label": "Section",
    "section": {
        "number": "21",
        "title": "Section 21. Transfer of interest on death of member",
        "chapter": null,
        "content": "On the death of member, a co-operative society may transfer the share or interest of the deceased member to the person so nominated in accordance with the rules made in this behalf, or if, there is no person so nominated, to such person as may appear to the committee to be the heir on legal representative of the deceased member, or pay to such nominee, heir of legal representative, as the case may be, a sum representing the value of such member's share or interest as ascertained in accordance with the rules or bye-laws:",
        "footnote": "",
        "is_definition": false,
        "sort_order": 1210
    },
    "prev_section": "20",
    "next_section": "21"
}