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Section 30 - Indian Penal Code, 1860
Indian Penal Code, 1860
30. "Valuable security"
The words "valuable security" denote a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or where by any person acknowledges that he lies under legal liability, or has not a certain legal right.
Illustration
A writes his name on the back of a bill of exchange. As the effect of this endorsement is transfer the right to the bill to any person who may become the lawful holder of it, the endorsement is a "valuable security".
Related Sections
- Section 4: Extension of Code to extra-territorial offences
- Section 404: Dishonest misappropriation of property possessed by deceased person at the time of his death
- Section 19: Judge
- Section 3: Punishment of offences committed beyond but which by law may be tried within India
- Section 241: Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit
Related Acts
* Only for reference.