https://www.taxtmi.com/acts?id=15510 If deposits were accepted with intent to defraud and the company fails to repay, every officer responsible for acceptance is personally and unlimitedly liable for the depositors' losses, and any person, group, or association that suffered loss may bring suit or other proceedings to recover those losses. en-us Tue, 20 Dec 2011 11:59:09 +0530 Tue, 20 Dec 2011 11:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15510 If deposits were accepted with intent to defraud and the company fails to repay, every officer responsible for acceptance is personally and unlimitedly liable for the depositors' losses, and any person, group, or association that suffered loss may bring suit or other proceedings to recover those losses. Act-Rules Bill Tue, 20 Dec 2011 11:59:09 +0530 https://www.taxtmi.com/acts?id=15510