Amendment status not verified — confirm the current text below against the official source.
Liabilities of past member and his/her estate: The liability of a past and of the estate of a deceased member of the debt of a registered society as they existed at the date of his/her ceasing to be a member on his/her death, as the case may be, shall continue for a period of five years from the said date. CHAPTER-IV MANAGEMENT OF CO-OPERATIVE