117Circumstances in which membership ceases—all co-operatives

#### 117 Circumstances in which membership ceases—all co-operatives 117 Circumstances in which membership ceases—all co-operatives > > (1) A person ceases to be a member of a co-operative in each of the following circumstances and as otherwise provided by this Law— > > > > > (a) if the member’s membership is cancelled under Part 2.6; > > > > > (b) if the member is expelled or resigns under the rules of the co-operative; > > > > > (c) if— > > > > > > > (i) the individual member becomes bankrupt or the corporate member becomes insolvent; or > > > > > > > (ii) the member’s property becomes subject to control under the law relating to bankruptcy; > > > > > > unless provision is made to the contrary in the rules of the co-operative; > > > > > (d) on the death of the member; > > > > > (e) if the contract of membership is rescinded on the ground of misrepresentation or mistake; > > > > > (f) for a member that is a corporation—if the corporation is deregistered. > > > (2) On the death of a member, the member’s estate remains liable as the member until the member’s personal representative or some other person is registered in the member’s place.