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of <h1>Society Shares Transferred to Nominee or Heir Upon Member's Death; Valid Against Other Claims; See Section Details.</h1> Upon the death of a member, a registered society may transfer the deceased member's share or interest to a nominated person or, if none, to the heir or legal representative, or pay them the value of the share. In societies with unlimited liability, the nominee or heir can demand payment of the share's value. In societies with limited liability, the share is transferred to a qualified nominee or heir. The society may also pay other dues to the nominee or heir. All such transfers and payments are valid against claims by others.
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