Cap. 33activeordinance

Co-operative Societies Ordinance

合作社條例

Full legislation

s.29

Liability of past member and estate of deceased member for debts of society

(1)
The liability of a past member for the debts of a registered society as they existed on the date on which he ceased to be a member shall not continue for a period of more than two years reckoned from that date.
(2)
The estate of a deceased member shall not be liable for the debts of the society as they existed on the date of his decease for a period of more than two years reckoned from the date of his decease.