# The Chit Funds Act, 1982, Section 43: Subscribers' dues to be first charge on chit assets

- Act: The Chit Funds Act, 1982 (Act 40 of 1982)
- In force from: 1984-04-02
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/chit-funds-act-1982/section/43/

## Text

Any amount due to the subscriber from a foreman in relation to the chit business shall be a first charge on the chit assets.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.