Section 69 of the Indian Trust Act, 1882 – Rights and liabilities of beneficiary’s transferee

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Section 69: Rights and liabilities of beneficiary’s transferee

Every person to whom a beneficiary transfers his interest has the rights, and is subject to the liabilities, of the beneficiary in respect of such interest at the date of the transfer.

Source: official text of The Indian Trust Act, 1882 as published on India Code (PDF). All sections of the Indian Trust Act, 1882.