{
    "act_title": "The Transfer Of Property Act, 1882",
    "act_slug": "transfer-of-property-act-1882",
    "section_label": "Section",
    "section": {
        "number": "130",
        "title": "130. Transfer of actionable claim.",
        "chapter": null,
        "content": "illustrations\n(i) A owes money to B , who transfers the debt to C. B then demands the debt from A , who, not having received notice of the transfer, as prescribed in section 131, pays B . The payment is valid, and C cannot sue A for the debt.\n(ii) A effects a policy on his own life with an Insurance Company and assigns it to a Bank for securing the payment of an existing or future debt. If A dies, the Bank is entitled to receive the amount of the policy and to sue on it without the concurrence of A s executor, subject to the proviso in sub-section (1) of section 130 and to provisions of section 132.\n[130-A] . Transfer of policy of marine insurance.",
        "footnote": "",
        "is_definition": false,
        "sort_order": 109
    },
    "prev_section": "129",
    "next_section": "131"
}