C-4.1 - Savings and Credit Unions Act

Full text
469. A confederation shall not acquire shares issued by a legal person, except in the case of the shares of a holding company incorporated under the laws of Québec, which is or becomes, as a result of that acquisition, a legal person controlled by the confederation.
A confederation must, within the time fixed by the Inspector General, dispose of all the shares held by it in a holding company, upon ceasing to control that holding company.
1988, c. 64, s. 469.