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of <h1>Co-op Society Can Charge Member Shares, Interests, and Dividends to Offset Debts Under Multi-State Co-operative Societies Act.</h1> A multi-State co-operative society is entitled to place a charge on the share, contribution, or interest in the capital, as well as on deposits of its members, including past or deceased members. This charge extends to any dividends, bonuses, or profits owed to such members or their estates. The society can set off any amounts credited or payable to these members or their estates against any debts they owe to the society.
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