C-4.1 - Savings and Credit Unions Act

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80. The only interest payable on permanent shares is the interest that may be determined by the annual meeting. Where the credit union is affiliated with a federation, the rate of interest must not exceed the maximum rate prescribed by by-law of the federation. Where the federation is affiliated with a confederation, the maximum rate is determined by by-law of the confederation.
1988, c. 64, s. 80.