State Act
188
Section 188. Payment to survivors of joint payees.
THE BRUHAT BENGALURU MAHANAGARA PALIKE ACT, 2020
Act no. 53 of 20202020Repealed 15 May 2025Karnataka (State Act)
This Act was repealed on 15 May 2025 by the Greater Bengaluru Governance Act, 2024 (Karnataka Act 36 of 2025), s.361(1); it may still apply to matters that began before then.
188. Payment to survivors of joint payees.- When any debenture or security issued under this Act is payable to two or more persons jointly, and either or any of them dies, then, the debenture or security shall be payable to the survivor or survivors of such persons: Provided that nothing in this section shall affect any claim by the representative of a deceased person against such survivor or survivors.