431. Contributories in case of insolvency of member.-.
If a contributory is adjudged insolvent, either before or after he has been placedon the list of contributories,(a)his assignees in insolvency shall represent him for all the purposes of the winding up, and shall be contributories accordingly, and may be calledon to admit to proof against the estate of the insolvent, or otherwise toallow to be paid out of his assets in due course of law, any money duefrom the insolvent in respect of his liability to contribute to the assets of the company ; and(b)there may be proved against the estate of the insolvent the estimatedvalue of his liability to future calls as well as calls already made.
