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Section 81(1)

IA 1986
Insolvency Act 1986 · United Kingdom

If a contributory dies either before or after he has been placed on the list of contributories, his personal representatives, and the heirs and legatees of heritage of his heritable estate in Scotland, are liable in a due course of administration to contribute to the assets of the company in discharge of his liability and are contributories accordingly.

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Source: legislation.gov.uk · retrieved 2026-09-04