Cessation of membership

1. if any person having been admitted as a member of a Co-operative Society dies or Subsequently becomes subject to any of the disqualification specified in the Bye- Laws shall cease to be a member of the Co-operative Society. 2. Every Co-operative Society shall inform in the event of receipt of information of The death of the member, the nominee of the member and in every other instance.. The member, about the cessation of membership, for the settlement of accounts.