law: Co-Operative Societies Act 2008 
  26.
  
  Liability of past and present members
  1.      Subject to the Act,
  
  the liability of a current member of a society is limited to the unpaid amount
  
  of his subscription for shares.
  2.      The liability of a
  
  past member or the estate of a deceased member for debts of a society as they
  
  existed on the date on which such member ceased to be a member or died shall
  
  continue for a period of 2 years after the cessation of his membership or
  
  death.