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C-4.1 - Savings and Credit Unions Act
Section 225
Disposition versions
225. Persons doing business with a credit union may presume that
(1) the credit union is pursuing its objects and exercising its powers in accordance with its articles and by-laws;
(2) the documents transmitted to the Minister or the Inspector General and registered under this Act contain true information;
(3) the officers of the credit union are validly holding office and lawfully exercising the powers arising therefrom;
(4) the documents of the credit union which purport to be from an officer are valid and binding on the credit union.
