Western Australian Consolidated Acts

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CO-OPERATIVE AND PROVIDENT SOCIETIES ACT 1903 - SECT 17

17 .         Remedy for debts from members

        (1)         All moneys payable by a member to a registered society shall be a debt due from such member to the society, and shall be recoverable as such in a court of competent jurisdiction.

        (2)         A registered society shall have a lien on the shares of any member for any debt due to it by him, and may set off any sum credited to the member thereon in or towards the payment of such debt.

        [Section 17 amended by No. 59 of 2004 s. 141.]



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