Bare ActsThe Himachal Pradesh Cooperative Societies Act, 1968

Section 25

Disposal of moneys due to an expelled or resigned or insane member

Amendment status not verified — confirm the current text below against the official source.

Disposal of moneys due to an expelled or resigned or insane member.- All sums calculated in accordance with the rules to be due from a society to a member, other than payments in respect of the share or interest of such member of the society, shall, subject to the provisions of section 22, be paid:- (a) in the case of a member who has been expelled or has resigned from a society, to him; and (b) in the case of a member who has become insane, to any person appointed to manage his properties under the Indian Lunacy Act, 1912 (4 of 1912).

Section 25 – The Himachal Pradesh Cooperative Societies Act, 1968 | DailyLaw.ai