Gujarat Co-operative Societies Act, 1961
(1) Where a person has ceased to be member of a society under section 26. (a) his liability in respect of any debt due by him to the society and in respect of any outstanding demand owing to the society by him shall continue as if he had not ceased to be a member, (b) his liability for the debts of the society as they stood immediately before the date of such cessation shall, save as otherwise provided in sub-section (2), continue for a period of three years form such date as if he had not ceased to be member : Provided that the liability shall attach to the estate of such person, if such cessation was due to his death or such person dies after his ceasing to be a member. (2) Where society is ordered to be wound up under any provisions of the Act, then the liability under clause (b) of sub-section (1) of a person, who has ceased to be a member thereof within three years immediately preceding the date of order of winding up, shall continue, until the entire liquidation proceedings are completed.