s 75
In forceTransfer of share or interest on death of member
Part 4Membership
Division 3Death of member
75 Transfer of share or interest on death of member
Subject to sections 76, 158(2) and 159, on the death of a member, the board must transfer the deceased member’s share or interest in the co‑operative to —
(a)
the personal representative of the deceased member; or
(b)
the person that the deceased’s personal representative specifies in an application made to the co‑operative within 3 months after the death of the member.
[Section 75 amended: No. 7 of 2016 s. 24.]
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