In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Co-operative Societies Act 1979 · 2020 Revised Edition · Part 3 · Privileges and Duties of Societies
25. Shares or interest not liable to attachment or sale
Feedback & supportSubject to section 24, the share or interest of a member in the capital of a society is not liable to attachment or sale under any decree or order of a court in respect of a debt or liability incurred by the member, and neither the member’s assignee in insolvency nor a receiver duly appointed is entitled to, or have a claim on, that share or interest.