Amendment status not verified — confirm the current text below against the official source.
(1) If a member dies or resigns or his membership is terminated due to any of the disqualifications, specified under this Act, rules or bye-laws framed thereunder, he shall cease to be member of the self-supporting COo- operative society. (2) Inthe event of death of a member, the self-supporti ng co-operative society shall inform his nominee for the settlement of accounts within a period of reasonable time. PUNJAB GOVT GAY (EXTRA), NOV. 8. 2010 97 (KRTK 17. 1932 SAKA) (3) In the event of cessation of y membership in any case, other than ~ > 1 > epee . ‘ ! ‘ death of a member. the self-supporting cooperative society shall inform the member for the settlement of accounts.