Co-Operative Societies Act · s 28

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s 28Liability of past member and estate of deceased for debts of society

(1)

The liability of a past member for the debts of a registered society as they existed on the date on which he ceased to be a member shall not continue for a period of more than 2 years reckoned from that date.

(2)

The estate of a deceased member shall not be liable for the debts of the society as they existed on the date of his decease for a period of more than 2 years reckoned from the date of his decease.

General meetings. [S 61/2012]