C-4.1 - Savings and Credit Unions Act

Full text
228. The capital base of a credit union not affiliated with a federation shall include
(1)  its general reserve;
(2)  its stabilization reserve;
(3)  its qualifying shares and permanent shares;
(4)  its preferred shares, up to 1 % of its liabilities; and
(5)  any other asset prescribed by regulation of the Government.
1988, c. 64, s. 228.