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State of Haryana - Section

Section 56 in Haryana Co-operative Societies Act, 1984

56. Share contribution or interest not liable to attachment.

- Subject to the provisions of section 55, the share or contribution or interest of a member or past member or deceased member in the capital of a co-operative society shall not be liable to attachment or sale under any decree or order of any court in respect of any debt or liability incurred by such member and a receiver under the Provincial Insolvency Act, 1920, shall not be entitled to or have any claim on such share or contribution or interest.