NIGERIAN CO-OPERATIVE SOCIETIES ACT

Section 17: Shares or interest not liable to attachment or sale.

1993Section 17 of 58Federal Republic of Nigeria

Subject to the provisions of section 14 of this Act, the shares or interest of a member in the capital of a registered society shall not be liable to attachment or sale under any Act or order of a court in respect of any debt or liability incurred by that member, and his assignee in insolvency or a receiver duly appointed shall be entitled to or have a claim on such share or interest.

Cite this section

Section 17, NIGERIAN CO-OPERATIVE SOCIETIES ACT (1993).

https://repo.podus.ai/laws/nigerian-co-operative-societies-act/section/17/