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    <title>Transfer of interest on death of member</title>
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    <description>A registered society must transfer a deceased member&#039;s share to a nominated person or to the committee-recognised heir or legal representative, or pay the ascertained value; unlimited liability nominees may require payment, while limited liability societies must transfer to a qualified nominee or heir or, on timely application, to a specified qualified person. The society may also pay other moneys due to the deceased member, and such transfers and payments are valid against any claims by other persons.</description>
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    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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      <title>Transfer of interest on death of member</title>
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      <description>A registered society must transfer a deceased member&#039;s share to a nominated person or to the committee-recognised heir or legal representative, or pay the ascertained value; unlimited liability nominees may require payment, while limited liability societies must transfer to a qualified nominee or heir or, on timely application, to a specified qualified person. The society may also pay other moneys due to the deceased member, and such transfers and payments are valid against any claims by other persons.</description>
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      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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