Co-operative Societies Act 1979 s 24

s 24 Charge and set-off in respect of shares or interest of members

24. A society has a charge upon the share or interest in the capital and on the deposits of a member or past member or deceased member and upon a dividend or patronage refund payable to a member or past member or to the estate of a deceased member in respect of a debt due to the society from the member or past member or estate, and may set‑off a sum credited or payable to a member or past member or estate of a deceased member for the payment of any such debt.

Read this section in the full act → · Open PART 3 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next

Co-operative Societies Act 1979, full textChapter navigation and full text, so you can read this section in contextSingapore legislation Singapore Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year PART 3 — PRIVILEGES AND DUTIES OF SOCIETIES — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections