State Act
22
Section 22. Charge and set off in respect of shares of interest of member.
The Bihar Co-operative Societies Act, 1935
Act no. 6 of 19351935In forceJharkhand (State Act)
22. Charge and set off in respect of shares of interest of member. – A registered society shall have a charge upon the share or interest in the capital and on the deposits or contribution of a member, past member or deceased member and upon any amount payable out of profits to a member or past member or to the estate of a deceased or the estate of such deceased member to the society, and may set-off any sum credited or payable to a member, past member of the estate of a deceased member in or towards payment of any such debt.