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C-4.1 - Savings and Credit Unions Act

Section 265
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265. Every credit union affiliated with a federation must at all times maintain adequate liquid assets in the form of deposits in the liquidity fund of the federation in accordance with the standards of the federation. If the federation is affiliated with a confederation, the credit union must comply with the standards of the confederation.
1988, c. 64, s. 265; 1996, c. 69, s. 86.
265. Every credit union affiliated with a federation must at all times maintain adequate liquid assets in the form of deposits in the liquidity fund of the federation in accordance with the by-laws of the federation. If the federation is affiliated with a confederation, the credit union must comply with the by-laws of the confederation.
1988, c. 64, s. 265.
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