MCOS Act 21Chapter III · Right and Liabilities of Members of Registered Societies
Section 21 · Liability of past member and his estate
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(1)
The liability of a past member and of the estate of a deceased member for the debts of a registered society as they existed at the date of his casting to be a member or on his death, as the ease may be, shall continue for a period of four years from the said date.(2)
No past member of a registered society with unlimited liability shall be eligible for membership of another such society with unlimited liability except with the special permission of the Registrar.Your private note on this section
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