NIGERIAN CO-OPERATIVE SOCIETIES ACT

Section 45: Notice of closing of liquidation to be published in the Gazette.

1993Section 45 of 58Federal Republic of Nigeria

(1) When the liquidation of a society has been closed, notice of the closing of liquidation shall be published in the Federal or State Gazette; and no published claim against the funds of the society liquidated shall be made after two years have lapsed from the date of the publication in the Federal or State Gazette of the notice.
(2) Any surplus fund left over after meeting all the obligations of the liquidated society shall be distributed to members in accordance with the bye-laws of in the society.

Cite this section

Section 45, NIGERIAN CO-OPERATIVE SOCIETIES ACT (1993).

https://repo.podus.ai/laws/nigerian-co-operative-societies-act/section/45/