28Society's charge on shares

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28 Society's charge on shares

A society shall have a charge upon the share or interest in the capital of a member or past member in respect of any debt due from the member or past member to the society, and may set off any sum credited or payable to a member or past member in or towards payment of the debt.

No. 6138 s. 29.

Section 28 - Co-operative Housing Societies Act 1958 - Society's charge on shares | Zoe