Section 12(2) in Rajasthan Co-operative Societies Act, 1965
(2)When a co-operative society has passed a resolution to change the form or extent of its liability, it shall give notice thereof in writing to all its members and creditors and, notwithstanding any bye-law or contract to the contrary, any member or creditor shall, during a period of one month from the date of service of the notice upon him. have the option of withdrawing his shares, deposits or loans, as the case may be.
