OFFICIAL TEXTExtracted from the selected official source; wording is not an AI answer.
VERIFIED REFERENCEa charge upon share and interest of a Member or past Member or deceased Member to the extent of dues payable by such Member to the society.
ACT SECTION154B-14
Society Funds
Charge of society in respect of share and interest of Member
Chapter XIII-B - Co-operative Housing Societies
Creates a society's charge over a Member's share or interest for amounts lawfully due to the society.
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