This is section 33 of The Goa Co-operative Societies Act, 2001. Can any one explain the meaning of this section?
33. Liability of past member and estate of deceased member.— (1) Subject to the provisions of sub-section (2), the liability of a past member, or of the estate of a deceased member, of a society for the debts of the society as they stood, (a) in the case of a past member, on the date on which he ceased to be a member, and
(b) in the case of a deceased member, on the date of his death, shall cease after a period of two years from such date.
