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A-24 - Cooperative Associations Act

Section 117
Disposition versions

Full text
117. An association contemplated in section 114, which receives from a federation advances based on the inventory of its produce or merchandise, must deliver the same to the federation.
Any director, manager or employee who knowingly delivers them or permits them to be delivered to another person shall be personally liable for the damage caused to the federation and also to be discharged from his office.
R. S. 1964, c. 292, s. 105.
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