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[Cites 0, Cited by 0] [Section 27] [Entire Act]

State of Sikkim - Subsection

Section 27(4) in Sikkim Co-Operative Societies Act, 1955

(4)if there is no person qualified to succeed 'to the share or: interest of the deceased member, the society shall pay to his heir, executor or the legal representative as the case may be, a sum equivalent to the value of the share and interest of the deceased member determined in accordance with the rules after deducting the dues of the deceased to the society.