The Presidency Banks Act 1876, 11 of 1876, (Rep., Act 47 of 1920) · V — .

Section 19. The stock and shares of every proprietor and shareholder shall be moveable property, capable of bein

Repealed or not in force · As amended up to 2026-08

19. The stock and shares of every proprietor and shareholder shall be moveable property, capable of being transferred in manner provided by the regulations contained herein, or in any other Act regulating the Bank for the time being in force, and shall not be of the nature of immoveable property; and each share shall be distinguished by its appropriate number.

Source: India Code