During the obituary reference, the Assembly also paid respects to children killed in Israeli strikes in the Palestinian territory of Gaza over the past one month.
A two-minute silence was observed as a mark of respect for the deceased legislators and the child victims of Gaza conflict.
Speaker Mubarak Gul read out the condolence motion in respect of Chaudhary Mohammad Aslam, the sitting MLA from Surankote at the time of his death and former legislators Abdul Ahad Vakil, Mohammad Akbar Ganai and Mehmooda Ahmad Ali Shah.
Chief Minister Omar Abdullah described the deceased legislators as selfless people who had served people and the state throughout their lives.
"One thing common to these four members of this house was that they ended their political careers with the same party they had started with. They did not switch parties if they were not given party ticket or ministerial berth as we see today," Abdullah said.