Act Number: 40

Act Name: The Chit Funds Act, 1982

Year: 1982

Enactment Date: 1982-08-19

Long Title: An Act to provide for the regulation of chit funds and for matters connected therewith.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 35: Transfer of non-prized subscriber's rights to be in writing.
    Every transfer by a non-prized subscriber of his rights in the chit shall be in writing duly attested by at least two witnesses and shall be filed with the foreman.
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