NIGERIAN CO-OPERATIVE SOCIETIES ACT

Section 53: Recovery of sums due to Government.

1993Section 53 of 58Federal Republic of Nigeria

(1) A sum due from a registered society from an officer or from a present or past member of a registered society to the Government under section 40 of this Act may be recovered in the manner provided for the recovery of debts to the Government under the law for the time being in force.
(2) A sum due from a registered society to the Government and recoverable under subsection (1) of this section shall be recovered first from the property of the society and secondly-
(a) in the case of a limited liability society, from the members subject to the limit of their liabilities; and
(b) in the case of an unlimited liability society, from the members.

Cite this section

Section 53, NIGERIAN CO-OPERATIVE SOCIETIES ACT (1993).

https://repo.podus.ai/laws/nigerian-co-operative-societies-act/section/53/