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Co-Operative Societies Act · s 16
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Co-Operative Societies Act · s 16
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Subject to the provisions of section 15, the share or interest of a member in the capital of a registered society shall not be liable to attachment or sale under any decree or order of a court in respect of any debt or liability incurred by such member, and neither his assignee in insolvency nor a receiver duly appointed shall be entitled to, or have any claim on, such share or interest.