Privileges of Multi state cooperative Society
A multi state cooperative society shall have a charge on the share or can tribution or in terest in the capital and on the deposit ts of a member or past or deceased member and on any dividend, bonus or profits payable to a Manner of exercising vote of members of Multi State Cooperative Society or the estate of a deceased member in respect of an debt due from such member or past member or the estate of such deceased member to the society and may set off any sum credited or payable to member or past member or the estate of deceased member in or towards payment of any such debt. Iegarding any debt recoverable by the multi state society is member or past member or deceased member, the society shall have upon the share, or contribution or interest in the capital and on by such members and in dividend, bonus or profit payable to such or forming part of the estate of the deceased member. The multi state cooperative society has power to set off any sum credited or payable to past member or the estate of deceased member in or towards of any such debt.A multi-State co-operative society shall have a charge on the share or contribution or interest in the capital and on the deposits of a member or past or deceased member and on any dividend, bonus or profits payable to a member or past member or the estate of a deceased member in respect of any debt due from such member or past member or the estate of such deceased member to the society and may set-off any sum credited or payable to a member or past member or the estate of deceased member in or towards payment of any such disposal of surplus assets of a multi state cooperative society.