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Section 21: Liability of past member and his estate

The Assam Co-operative Societies Act, 1949State Act of Assam · Act 1 of 1950

(1) The liability of a past ' member and of the estate of a deceased member for the debts of a registered society as they existed at the date of his ceasing to be a member or of his death, as the case may be, shall continue for a period of four- years from the said date.

(2) No past member of a registered society with unlimited liability shall be eligible for membership of another such society with unlimited liability except with the special permission of the Registrar.

Where this provision sits

ActThe Assam Co-operative Societies Act, 1949
Section21
Marginal noteLiability of past member and his estate
JurisdictionState of Assam
StatusIn force as published by the source

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