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[Cites 0, Cited by 0] [Section 41] [Entire Act]

State of Mizoram - Subsection

Section 41(1) in Mizoram Cooperative Societies Act, 2006

(1)The liability of past member or of the estate of the deceased member of the co-operative for the debts of the cooperative shall be determined:
(a)in the case of past members on the date on which he ceased to be a member:
(b)in the case of deceased member on the date of his death;
(c)the liability mentioned under clause (a) and (b) of sub-section (1) shall continue for a period of two years from such date(s).