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24/05/2024
Laws of Bangladesh

The Securities Act, 1920

( ACT NO. X OF 1920 )

Indorser of Government security not liable for amount thereof
8. Notwithstanding anything in the Negotiable Instruments Act, 1881, a person shall not, by reason only of his having indorsed a Government security, be liable to pay any money due, either as principal or as interest, thereunder.

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