Queensland Consolidated Acts Queensland Consolidated Acts(1) A person ceases to be a member of a cooperative in each of the following circumstances and as otherwise provided by this Act--
(a) if the member's membership is cancelled under part 6;21
(b) if the member is expelled or resigns under the rules of the cooperative;
(c) if--
(i) the member becomes bankrupt; 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 cooperative;
(d) on death;
(e) if the contract of membership is rescinded on the ground of misrepresentation or mistake;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 body 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.