Indian Penal Code : "Valuable security". Indian Bare Acts :

Indian Penal Code,1860

Act No : 45

Section : "Valuable security".

30. "Valuable security".--The words "valuable security" denote adocument which is, or purports to be, a document whereby any legalright is created, extended, transferred, restricted, extinguished orreleased, or who hereby any person acknowledges that he lies underlegal liability, or has not a certain legal right.----------------------------------------------------------------------1. Subs. by Act 1 of 1889, s. 9, for the original Explanation.107 Illustration A writes his name on the back of a bill of exchange. As theeffect of this endorsement is to transfer the right to the bill to anyperson who may become the lawful holder of it, the endorsement is a"valuable security".