PART XDissolution, Winding Up, Mergers and Transfer of Business

Dissolution and winding up

92Supplementary

Where a building society is being wound up or dissolved by consent, a member to whom an advance has been made under a mortgage or other security, or under the rules of the society, shall not be liable to pay any amount except at the time or times and subject to the conditions set out in the mortgage or other security, or in the rules, as the case may be.