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RA 2023 Section 99

Effect of liquidation of co-operative on past members, or on estate of deceased member.

Section 99

SEC. 99. Effect of liquidation of co-operative on past members, or on estate of deceased member.—Notwithstanding the provisions of section twenty-nine, when a cooperative is directed to be liquidated under Section ninety-five, the liability of a past member and the estate of a deceased member of the co-operative, as it existed on the date of the winding up order, shall continue until all the liabilities of the co-operative are settled.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XI.—Liquidation and arbitration →

Other provisions in CHAPTER XI.—Liquidation and arbitration

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationRA 2023 Section 99 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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